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52 Victoria Street
Paddington NSW 2021

Bedrooms: 24
Bathrooms: 5
Car spaces: 13
Floor area: 1251m2
Land area: 1452m2
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Property Details for 52 Victoria St, Paddington

52 Victoria St, Paddington is a 24 bedroom, 5 bathroom Other with 13 parking spaces. The property has a land size of 1452m2 and floor size of 1251m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 24 bedroom Other sold in Paddington in the last 12 months.

Building Type
Other
Floor Size
1251m2
Land Size
1452m2
Local Government
Woollahra
Lot/Plan
1/DP589595

Last Listing description (March 2024)

On behalf of The John Singleton Group, Ray White Woollahra has the pleasure of exclusively presenting 52 Victoria Street, Paddington to the marketplace for sale by Expressions of Interest closing at 5.30 pm on 20th March 2024.

Only once in a lifetime do you come across a real estate offering so unique, so filled with possibility, that you can't help but imagine what could be.

Offering outstanding privacy, 52 Victoria Street is a hidden gem of astonishing scale. Sprawling three generous levels, with several inconspicuous entrances and parking for 13 cars, it is undoubtedly one of Paddington's most significant land holdings.

Set on 1452sqm of land with flexible E1-zoning. 52 Victoria Street features four discreet street frontages accessible via Victoria Street, Underwood Street, Vials Lane and Victoria Place with secure parking for 13 vehicles.

In its current configuration 52 Victoria Street, is a fully leased asset and houses 24 distinct tenancies, spanning creative, financial, IT and legal.

Serviced by a dedicated concierge, the thoughtfully decorated neutral interiors carry through to each of the well-appointed tenancies, as well as an expansive boardroom available for private bookings.

The Bonython Cafe, a 50-seat licensed cafe sits in the light-filled atrium courtyard, offering a beguiling secret garden atmosphere, a notable menu and an open-air roof (that is retractable for weather purposes) surrounded with lush tropical plants.

At present the building offers a fully leased asset, with all leases expiring in February 2025 in favour of the owner should vacant possession be required for the repositioning of the asset.

52 Victoria Street offers a truly once-in-a-lifetime opportunity to acquire one of Paddington's largest and most notable property holdings, to enjoy in its current configuration or transform your vision into reality.

For a Private Inspection Contact Ben Vaughan 0419 655 519 or Randall Kemp 0415 818 966.

Property History for 52 Victoria St, Paddington, NSW 2021

A timeline of how this property has performed in the market
Last Sold
21 Mar 2024
Listed for Rent
$50k/w
02 Nov 2023
  • 21 Mar 2024
    Sold for $33,000,000
  • 16 Feb 2024
    Listed for Sale Expressions of Interest ends 5.30pm on 20 March
  • 19 Oct 2017
    Listed for Rent $112,893 / year

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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.
There are currently 33 properties listed for sale, and 35 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 318 properties were sold in the past 12 months in Paddington.

Suburb Insights for Paddington 2021

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Contact agent
Randall Kemp
Show contact details
Ben Vaughan
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Ray White The Woollahra Group - Woollahra
Preferred contact:
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.