OFF MARKET

5/12-16 Challis Avenue
Potts Point NSW 2011

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 96m2
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Property Details for 5/12-16 Challis Ave, Potts Point

5/12-16 Challis Ave, Potts Point is a 2 bedroom, 2 bathroom Unit and was built in 2001. The property has a floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in November 2016.

Building Type
Unit
Year Built
2001
Floor Size
96m2
Local Government
Sydney
Lot/Plan
5/SP65264

Last Listing description (August 2021)

Architecturally Designed Townhouse-like Apartment

Combining sweeping city views with abundant natural light, this sprawling loft style apartment has been architecturally designed to offer indoor/outdoor living and cross flow ventilation over two expansive levels. The Tonkin Zulaikha Greer building is located on one of Potts Point's most exclusive streets and is moments from cafes, dining and public transport.

Features Include:

- Open lounge and dining space enhanced with double height ceilings
- Automated bi-fold doors create seamless outdoor flow to a balcony and terrace
- Eat-in kitchen with stone benchtops and stainless steel gas appliances
- Two large bedrooms have built-in wardrobes and private balconies
- Each bedroom appointed with its own ensuite as well as additional guest w/c
Air conditioning
- One common wall
- Impeccably appointed throughout with the finest contemporary finishes
- No pets please
- Available on a 12-month lease
- Private yet ideally situated footsteps of boutiques, grocers and buses

*Please note when attending a property inspections, we kindly ask that you adhere to the current COVID safety guidelines: Social distance, sanitise hands and mandatory mask.

**Please register for inspection updates as changes or cancellations may occur to inspection times.

Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make & rely upon their own inquiries

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Property History for 5/12-16 Challis Ave, Potts Point, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$1,755,000
19 Nov 2016
Listed for Rent
$1.25k/w
20 Aug 2021
  • 05 Aug 2021
    Listed for Rent $1,250 / week
  • 23 Jun 2020
    Listed for Rent - Price not available
  • 12 Jun 2018
    Listed for Rent $1,275 / 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 7,292 properties. Over the last 5 years, Houses in Potts Point have seen a -10.77% decrease in median value, while Units have seen a 18.50% increase. As at 31 August 2024:

  • The median value for Houses in Potts Point is $2,998,566 while the median value for Units is $1,087,720.
  • Houses have a median rent of $680 while Units have a median rent of $650.
There are currently 31 properties listed for sale, and 52 properties listed for rent in Potts point on OnTheHouse. According to CoreLogic's data, 288 properties were sold in the past 12 months in Potts point.

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