SOLD
Sold on 12 Jul 2024 for $1,402,000

4/24 Hickson Road
Millers Point NSW 2000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 140m2
Land area: 812m2
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Property Details for 4/24 Hickson Rd, Millers Point

Building Type
Commercial
Floor Size
140m2
Land Size
812m2
Local Government
Sydney
Lot/Plan
4/SP73724

Last Listing description (November 2023)

Noonan Property Sydney and McGrath Estate Agents are pleased to present for sale Level 4, Parbury's Bond Store No.2, 24 Hickson Road, Millers Point.

This quality offering represents a fantastic opportunity to acquire a stylish and creative whole floor commercial penthouse comprising 266 sqm in a dynamic harbourside location adjoining Walsh Bay, The Rocks, Barangaroo and Circular Quay.

Level 4 forms part of the esteemed Parbury's Bond Store No.2 development, which is a beautifully restored former warehouse building at Millers Point. The property features top floor penthouse positioning and classic warehouse qualities including cathedral ceilings, timber flooring and exposed timber beams and brickwork throughout the entire property.

Internally the property features two stylish commercial tenancies incorporating impressive meeting rooms, collaboration spaces and spacious open plan workspaces along with a fascinating display of heritage-preserved wool handling and storage items. The property also includes a separate storage room, air conditioning, established phone and data connectivity and internal kitchen and bathroom amenities including a shower.

Parbury's Bond Store No.2 is without doubt one of Sydney's most unique and magnificently crafted strata title office developments with two lifts and only 13 commercial and retail spaces.

The property's dress circle location on the foreshore of Sydney Harbour is home to the revitalised Walsh Bay Arts Precinct incorporating world-class cultural facilities and the nation's leading performing arts companies. The property is also located within walking distance to Headland Park, Barangaroo Central and Circular Quay.

The new Barangaroo Metro Station, set for completion in 2024, is located approximately 350 metres from 24 Hickson Road and this transport link will significantly enhance the growth of the Millers Point precinct. The new Metro will allow for 2 minute travel time to Martin Place and 3 minutes to North Sydney, further enhancing connectively.

To book an inspection or for further information, please contact Tim or Richard.

Tim Noonan
Phone 0416 286 129
Email tim@noonanproperty.com.au

Richard Shalhoub
Phone 0414 466 973
Email richardshalhoub@mcgrath.com.au

Property History for 4/24 Hickson Rd, Millers Point, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$1,402,000
12 Jul 2024
Listed for Rent
28 Aug 2014
  • 12 Jul 2024
    Sold for $1,402,000
  • 17 Aug 2023
    Listed for Sale Under Offer
  • 03 May 2018
    Listed for Sale Contact Agent
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About Millers Point 2000

The size of Millers Point is approximately 0.2 square kilometres. It has 9 parks covering nearly 14.9% of total area. The population of Millers Point in 2011 was 1,735 people. By 2016 the population was 1,478 showing a population decline of 14.8% in the area during that time. The predominant age group in Millers Point is 30-39 years. Households in Millers Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Millers Point work in a professional occupation. In 2011, 34.6% of the homes in Millers Point were owner-occupied compared with 43.4% in 2016.

Millers Point has 1,839 properties. Over the last 5 years, Houses in Millers Point have seen a -30.75% decrease in median value, while Units have seen a 17.62% increase. As at 31 January 2025:

  • The median value for Houses in Millers Point is $2,389,811 while the median value for Units is $2,153,581.
  • Houses have a median rent of $1,500 while Units have a median rent of $1,200.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Millers point on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Millers point.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.