159 Victoria StreetPotts Point NSW 2011
Property Details for 159 Victoria St, Potts Point
159 Victoria St, Potts Point is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1880. The property has a land size of 149m2 and floor size of 352m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (June 2021)
Rare and remarkable, the coming-to-market of this incredible circa 1880 terrace house represents a stunning Sydney opportunity in one of Potts Points most sought-after locations. Set in the heart of leafy Victoria St, this 5-level property is highlighted by vast interiors plus a superb elevated rear terrace offering CBD views and aspect towards Sydney Harbour, along with a prized LUG for one to two cars.
Zoned mixed-use commercial/residential, it offers incredible scope for a range of exciting options. The lower 3 levels are currently configured as open-plan office space, with the upper 2 offering immaculate bedrooms. The sun-drenched terrace lies off the 3rd level, adjacent to a large kitchen, while the LUG has rear-lane entry and internal access to the lower basement level.
Presenting massive potential for an array of uses, this is a significant chance to purchase a well-maintained Victorian-era terrace. It stands poised to be converted back into an incredible single Potts Point residence, or the new owner may wish to capitalise on its commercial-use status to incorporate business premises alongside a residential component. Its flexible use capacity grants exciting possibilities, with up to 5 bedrooms and an assortment of living areas conceivable.
Laden with original features including polished floorboards, multiple fireplaces, street-fronting balcony, and soaring ceilings, this is an outstanding prospect, the rear terrace an amazing space and the 2 upper bedrooms sun-drenched and superb, the 4th level also showcasing a huge luxury bathroom. In the heart of a vibrant area and minutes to cafes, bars, and transport, this is a stunning chance for the astute buyer.
- Vast 5-level circa 1880 terrace in premier Potts Point location
- Zoned mixed-use commercial/residential and in good condition
- Huge scope for range of options, capitalising on mixed-use status
- Could be transformed into a luxurious single residence (STCA)
- Chance to continue residential/office use or reconfigure (STCA)
- Incredible rear terrace, CBD views, harbour aspect, large LUG
- 2 upper-level luxury bedrooms, top floor full of sun, very private
- Prime Victoria Rd position, metres to trains, cafes, bars, eateries
- Easy walking access to CBD, Woolloomooloo, and Darlinghurst
- Landmark opportunity, significant + rare chance in prime locale
Property History for 159 Victoria St, Potts Point, NSW 2011
- 27 May 2021Sold for $7,000,000
- 23 Apr 2021Listed for Sale Auction
- 04 Nov 2020Listed for Rent - Price not available
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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 7,186 properties. Over the last 5 years, Houses in Potts Point have seen a -4.46% decrease in median value, while Units have seen a 15.38% increase. As at 31 October 2024:
- The median value for Houses in Potts Point is $2,751,358 while the median value for Units is $1,051,909.
- Houses have a median rent of $675 while Units have a median rent of $650.
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