OFF MARKET

509/168-170 Kent Street
Millers Point NSW 2000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 53m2
Land area: 2890m2
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Property Details for 509/168-170 Kent St, Millers Point

509/168-170 Kent St, Millers Point is a 1 bedroom, 1 bathroom Unit and was built in 1996. The property has a land size of 2890m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
Unit
Year Built
1996
Floor Size
53m2
Land Size
2890m2
Local Government
Sydney
Lot/Plan
28/SP53158

Last Listing description (March 2017)

Located in one of the northern CBD's finest buildings ''Observatory Tower'', 509 is an attractive investment option or city bolt hole. Featuring an impressive open plan 58m2 layout with views of the captivating city skyline from both the living area and bedroom. Interiors are contemporary and fresh throughout with upgrades including full mirrored walls, carpet and A/C. Investors please note we are including a full furniture package with the property.
Additional features include:
- Open plan living/dining space plus a king size bedroom with built-ins

- Full sized bathroom with bath tub and separate shower
- Private and quiet position with a SW aspect
- Soaring vaulted 2.7m ceilings
- Floor to ceiling glass in the living area
- Reverse cycle air-conditioning
- Parquetry flooring in the kitchen
- Low levies of $910 per quarter
- Rental potential - $725 - $775 per week

Luxury facilities include 24 hour concierge, athletic club, library and pool and sauna. Located within the northern Kent Street village, Observatory Tower is close to transport, cafes, The Rocks, theatres, financial district and easy access to the harbour foreshore. Observatory Tower is perfectly positioned to capitalise on the infrastructure change and access to all that Barangaroo has to offer.
For further information please call Travis Reeve on 0414 347 713.

Property History for 509/168-170 Kent St, Millers Point, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$860,000
22 Sep 2015
  • 22 Sep 2015
    Sold for $860,000
  • 20 Aug 2015
    Listed for Sale $860,000
  • 02 Nov 2007
    Sold for $540,000
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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 1,820 properties. Over the last 5 years, Houses in Millers Point have seen a -33.15% decrease in median value, while Units have seen a 17.41% increase. As at 31 October 2024:

  • The median value for Houses in Millers Point is $2,246,662 while the median value for Units is $2,251,151.
  • Houses have a median rent of $1,500 while Units have a median rent of $1,250.
There are currently 9 properties listed for sale, and 5 properties listed for rent in Millers point on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Millers point.

Suburb Insights for Millers Point 2000

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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.