13 Palace St, Petersham is a 9 bedroom, 6 bathroom Unit. The property has a land size of 551m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Whether you're looking for a unique investment or a distinctive restoration project, this Victorian mansion conversion presents buyers with a rare opportunity to acquire a large multi-let property in a dynamic lifestyle location. Its prized position on the high side of Petersham's best street is directly opposite Fort Street High, with city buses just up the street on Parramatta Road, and European cafes, shops and cinemas on nearby Norton Street. On the south end of Palace Street, a coveted leafy hub boasts gourmet cafes, city rail, parklands and a community pool, not to mention the famed Petersham Bowling Club. With such a winning combination of potential and location, this property will only accumulate in capital value.
Evidence of Council approval available upon request.
Great potential for rental income growth and value
Selling in Conjunction with the managing agent Allan Dale Real Estate
Chris Vallas - Director Slavko Skender - Sales Agent
0412 200 629 0412 241 941
chris.vallas@adre.com.au slavko.skender@adre.com.au
The size of Petersham is approximately 1.3 square kilometres. It has 6 parks covering nearly 5.5% of total area. The population of Petersham in 2011 was 7,529 people. By 2016 the population was 8,114 showing a population growth of 7.8% in the area during that time. The predominant age group in Petersham is 30-39 years. Households in Petersham are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Petersham work in a professional occupation. In 2011, 49.8% of the homes in Petersham were owner-occupied compared with 47.3% in 2016.
Petersham has 5,082 properties. Over the last 5 years, Houses in Petersham have seen a 40.40% increase in median value, while Units have seen a 11.07% increase. As at 31 October 2024:
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