OFF MARKET

203/59 Great Buckingham Street
Redfern NSW 2016

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 60m2
Land area: 1058m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 203/59 Great Buckingham St, Redfern

Building Type
Commercial
Year Built
1940
Floor Size
60m2
Land Size
1058m2
Local Government
Sydney
Lot/Plan
20/SP85303

Last Listing description (September 2023)

Ray White Commercial (SC) is pleased to present to the market this boutique creative office space in the heart of Redfern, one of Sydney's most sought-after city fringe suburbs. Currently tenanted by a non-profit organisation, this property is offered for sale as a going concern via Auction on Tuesday, 29th August 2023.

Located within walking distance to Redfern and Central Stations, this property offers unparalleled convenience and connectivity. The internal layout features an open rectangular space providing a blank canvas for future reconfiguration to suit various business needs.

Redfern has evolved into a thriving, eclectic, and creative hub, drawing on its proximity to major employment clusters like the University of Sydney, Royal Prince Alfred Hospital, and South Eveleigh (formerly Australian Technology Park), which have contributed to a revitalisation of the region over the years.

Additional highlights of the asset include:

Floor area - 60 sqm*
Current rental income of $24,000 + GST per annum*
180 m* to Redfern Park
900 m* to Redfern Station
1.1 km* to Central Station
2 km* to Sydney CBD

The property is offered for sale via Auction on Tuesday, 29th August 2023 at 10:30am (AEST). The Auction will be held at AuctionWorks, Mezzanine Level, 50 Margaret Street, Sydney.

For further information, please contact the exclusive selling agents below.

* Approximately

Property History for 203/59 Great Buckingham St, Redfern, NSW 2016

A timeline of how this property has performed in the market
Last Sold
$260,000
06 Sep 2023
Listed for Rent
$433/w
14 Nov 2018
  • 06 Sep 2023
    Sold for $260,000
  • 01 Aug 2023
    Listed for Sale AUCTION
  • 18 Sep 2018
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

About Redfern 2016

The size of Redfern is approximately 1.2 square kilometres. It has 21 parks covering nearly 8.1% of total area. The population of Redfern in 2011 was 12,034 people. By 2016 the population was 13,218 showing a population growth of 9.8% in the area during that time. The predominant age group in Redfern is 20-29 years. Households in Redfern are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Redfern work in a professional occupation. In 2011, 38.2% of the homes in Redfern were owner-occupied compared with 33.5% in 2016.

Redfern has 7,928 properties. Over the last 5 years, Houses in Redfern have seen a 46.88% increase in median value, while Units have seen a 23.34% increase. As at 30 September 2024:

  • The median value for Houses in Redfern is $2,117,010 while the median value for Units is $1,167,919.
  • Houses have a median rent of $990 while Units have a median rent of $800.
There are currently 23 properties listed for sale, and 38 properties listed for rent in Redfern on OnTheHouse. According to CoreLogic's data, 305 properties were sold in the past 12 months in Redfern.

Suburb Insights for Redfern 2016

Market Insights
Redfern Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Redfern Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.