OFF MARKET

40 Fitzroy Street
Newtown NSW 2042

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 75m2
Land area: 120m2
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Last updated 30 Sep 2024
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Property Details for 40 Fitzroy St, Newtown

40 Fitzroy St, Newtown is a 2 bedroom, 1 bathroom House. The property has a land size of 120m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Floor Size
75m2
Land Size
120m2
Local Government
Sydney
Lot/Plan
B/DP440885

Last Listing description (August 2023)

Not for the faint-hearted but with so much promise, this original single-storey terrace holds a coveted setting overlooking picturesque Hollis Park in a prized pocket of Newtown North. Available for the first time in over half a century and untouched for decades, the two-bedroom home presents a remarkable opportunity in one of the area's best spots with the buzz of King Street at the top of the one-way street. There's so much potential here with its raw beauty, generous proportions and vintage charm promising the perfect foundations for creative revival while a 120sqm approx block features dual street access with a sunny east facing courtyard at the rear and potential for parking via Bennett Street (STCA). Make your mark capitalising on its exclusive address a level 600m to Carriageworks' arts precinct and famers' market and close to The University of Sydney main campus and RPA Hospital precinct with King Street offering everything from cafes and restaurants to offbeat boutiques and cinemas.

- Prime dual access block opposite historic Hollis Park
- Offered in original condition and ready for transformation

- Corbelled arch hallway, original boards ripe for restoration
- 2 good-sized bedrooms, main with views over the park
- Central living room with a feature fireplace, high ceilings
- Eat-in kitchen, original bathroom with a separate W.C.
- Sunny courtyard garden with leafy greenery all around
- Rear access to Bennett Street with scope for pkg STCA
- First time on the market in over 50 years, huge potential
- Stroll across to the dog and child-friendly park grounds
- 200m to King Street's vegan eateries and cocktail bars
- 400m to Macdonaldtown station, footsteps to cafes
- Rates: Water $180pq, Council $355pq (Both approx.)

Contact Shaun Stoker 0424 172 217
Ercan Ersan 0423 941 112

Our recommended loan broker: Tommy Nguyen (www.loanmarket.com.au/tommy-nguyen)

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Property History for 40 Fitzroy St, Newtown, NSW 2042

A timeline of how this property has performed in the market
Last Sold
$1,515,000
30 Jun 2023
  • 30 Jun 2023
    Sold for $1,515,000
  • 14 Jun 2023
    Listed for Sale SOLD PRIOR TO AUCTION
  • 17 Mar 1971
    Sold

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About Newtown 2042

The size of Newtown is approximately 1.6 square kilometres. It has 18 parks covering nearly 3.7% of total area. The population of Newtown in 2011 was 14,148 people. By 2016 the population was 15,009 showing a population growth of 6.1% in the area during that time. The predominant age group in Newtown is 20-29 years. Households in Newtown are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Newtown work in a professional occupation. In 2011, 41.2% of the homes in Newtown were owner-occupied compared with 38.5% in 2016.

Newtown has 9,388 properties. Over the last 5 years, Houses in Newtown have seen a 43.18% increase in median value, while Units have seen a 19.84% increase. As at 31 August 2024:

  • The median value for Houses in Newtown is $1,901,744 while the median value for Units is $867,182.
  • Houses have a median rent of $900 while Units have a median rent of $620.
There are currently 26 properties listed for sale, and 59 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 360 properties were sold in the past 12 months in Newtown.

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