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Sold on 01 Nov 2023 for $780,000

10/38-40 Kings Cross Road
Potts Point NSW 2011

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 10/38-40 Kings Cross Rd, Potts Point

10/38-40 Kings Cross Rd, Potts Point is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Apartment sold in Potts Point in the last 12 months.

Building Type
Apartment
Local Government
Sydney
Lot/Plan
10/SP13587

Last Listing description (November 2023)

Classic character, sunshine and soaring ceilings are the hallmarks of this stylishly renovated apartment on the top floor of a boutique c1940s building in a walk-to-everywhere location between the buzz of Potts Point village and leafy Rushcutters Bay Park. Modern style meets heritage character in a well-designed layout with a huge king-size bedroom, streamlined kitchen and light-filled living/dining area with north-facing window. Impressive with its sleek bathroom, internal laundry facilities and generous storage in a wall-to-wall wardrobe, the apartment is one of 12 in a security building with beautiful architectural features and updated common areas. Step out the door to enjoy a convenient urban lifestyle just around the corner from Baywater Road's cafes/eateries, 100m to Vermuteria wine bar/deli, 200m to Coles supermarket and 300m to Kings Cross train station for a quick commute to the city.

Features
• Top floor position in 3-level character building

• Soaring high ceilings, sunny north rear aspect
• Living and dining area filled with natural light
• King-size bedroom with wall-to-wall wardrobe
• Streamlined kitchen with wide breakfast bench
• Stainless steel 4-burner gas cooktop, electric oven
• Sleek bathroom, rainfall shower, laundry facilities
• Security building with updated common areas
• Footsteps to Bayswater Road's cafes/restaurants
• Lifestyle location close to gyms, wine bars, dining
• 200m to Coles shopping, 300m to Woolworths Metro
• 250m to buses, 300m to Kings Cross train station

Property History for 10/38-40 Kings Cross Rd, Potts Point, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$780,000
01 Nov 2023
Listed for Rent
$550/w
25 May 2022
  • 01 Nov 2023
    Sold for $780,000
  • 04 Oct 2023
    Listed for Sale Auction
  • 02 May 2022
    Listed for Rent $550 / week
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About Potts Point 2011

The size of Potts Point is approximately 0.6 square kilometres. It has 3 parks covering nearly 2.5% of total area. The population of Potts Point in 2011 was 6,861 people. By 2016 the population was 9,425 showing a population growth of 37.4% in the area during that time. The predominant age group in Potts Point is 20-29 years. Households in Potts Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Potts Point work in a professional occupation. In 2011, 35.1% of the homes in Potts Point were owner-occupied compared with 31.3% in 2016.

Potts Point has 7,285 properties. Over the last 5 years, Houses in Potts Point have seen a 13.81% increase in median value, while Units have seen a 17.22% increase. As at 30 September 2024:

  • The median value for Houses in Potts Point is $2,914,864 while the median value for Units is $1,085,208.
  • Houses have a median rent of $680 while Units have a median rent of $675.
There are currently 23 properties listed for sale, and 49 properties listed for rent in Potts point on OnTheHouse. According to CoreLogic's data, 294 properties were sold in the past 12 months in Potts point.

Suburb Insights for Potts Point 2011

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Renee Cross
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Tanja Kuehn
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Ray White The Woollahra Group - Elizabeth Bay
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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.