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Sold on 30 Oct 2024 - Price Unavailable

301/40 Stephen Street
Paddington NSW 2021

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
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Property Details for 301/40 Stephen St, Paddington

301/40 Stephen St, Paddington is a 3 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Apartment sold in Paddington in the last 12 months.

Building Type
Apartment
Floor Size
63m2
Local Government
Woollahra

Last Listing description (October 2024)

Nestled in a tranquil cul-de-sac surrounded by lush greenery, this light-filled apartment offers the perfect blend of serenity and convenience. With its peaceful surroundings, it's just 250m away from the vibrant Five-Ways, where you'll find an array of cafes, shops, and parks waiting to be explored.

This gem boasts three bedrooms—a rare find in the area—within the spacious confines of a large two-bedroom layout.

Bathed in natural light, the modern interior features updated amenities, including a renovated bathroom and built-in wardrobes in every bedroom.

Share laundry - however potential to incorporate in the spacious kitchen.

Bonus, with separate title parking and lift access, convenience is at your fingertips. Storage cage (exclusive use).

Invest smartly and start reaping the rewards immediately, currently leased. Whether you're looking for a prime investment opportunity or a comfortable urban retreat, this third-floor apartment ticks all the boxes.

Key Features:

-Prime Investment: Currently Leased for instant rental income.
-Unbeatable Location: Centrally located in Paddington, 250m from Five-Ways.
-Spacious Living: Enjoy the size of a large two-bedroom apartment with the bonus of a third bedroom.
-Modern Comfort: Updated bathroom, separate toilet, and built-in wardrobes in all bedrooms.
-Convenience: Undercover parking on a separate title and lift access. Storage cage (exclusive use).
-Unique Offering: Two lots—parking and apartment—providing added value and flexibility.

(All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty to the information provided. Interested parties must solely rely upon their own enquiries).

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Property History for 301/40 Stephen St, Paddington, NSW 2021

A timeline of how this property has performed in the market
Last Sold
30 Oct 2024
Listed for Rent
$725/w
23 Nov 2022
  • 30 Oct 2024
    Sold
  • 14 Aug 2024
    Listed for Sale Contact Agent
  • 27 Apr 2024
    Listed for Sale Contact Agent
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About Paddington 2021

The size of Paddington is approximately 1.6 square kilometres. It has 28 parks covering nearly 12.1% of total area. The population of Paddington in 2011 was 12,135 people. By 2016 the population was 12,889 showing a population growth of 6.2% in the area during that time. The predominant age group in Paddington is 30-39 years. Households in Paddington are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Paddington work in a professional occupation. In 2011, 51.1% of the homes in Paddington were owner-occupied compared with 51.5% in 2016.

Paddington has 7,602 properties. Over the last 5 years, Houses in Paddington have seen a 40.61% increase in median value, while Units have seen a 15.75% increase. As at 31 October 2024:

  • The median value for Houses in Paddington is $3,379,871 while the median value for Units is $1,129,007.
  • Houses have a median rent of $1,350 while Units have a median rent of $700.
There are currently 27 properties listed for sale, and 35 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 326 properties were sold in the past 12 months in Paddington.

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