424 Oxford StreetPaddington NSW 2021
Property Details for 424 Oxford St, Paddington
Last Listing description (August 2024)
A rare wider property offering a double-fronted shop or commercial HQ amid Oxford Street's thriving business precinct. Downstairs comprises a flexible open-plan design of 145sqm, with another 6 room totalling 135sqm upstairs, plus a basement store of 40sqm. With rear access to the site, the flexible layout ay the rear also offers parking for up to 5 cars. There aren't many spaces with these credentials in this prime position, opposite Paddington Public School.
Highlights
* Double-fronted shop in Oxford St heart
* Potential for owner occupiers & investors
* Open-plan ground floor approx. 145sqm
* 6 rooms on upper level approx. 135sqm
* Basement storage area approx. 40sqm
* Rear access w/ parking for up to 5 cars
* Highly visible to foot traffic & transport
* Opp. Paddington Public School & markets
* Flexibility in premier commercial precinct
Property History for 424 Oxford St, Paddington, NSW 2021
- 01 May 2024Listed for Rent - Price not available
- 18 Dec 2023Sold for $2,250,000
- 19 Dec 2017Sold
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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 7,610 properties. Over the last 5 years, Houses in Paddington have seen a 46.37% increase in median value, while Units have seen a 23.43% increase. As at 30 September 2024:
- The median value for Houses in Paddington is $3,417,735 while the median value for Units is $1,196,699.
- Houses have a median rent of $1,350 while Units have a median rent of $700.
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