OFF MARKET

648 Bourke Street
Redfern NSW 2016

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 149m2
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Property Details for 648 Bourke St, Redfern

Building Type
Commercial
Land Size
149m2
Local Government
Sydney
Lot/Plan
1/DP201447

Last Listing description (August 2023)

This prime corner position at the busy intersection of Cleveland and Bourke Streets offers an exciting opportunity for a range of businesses. Previously occupied by a popular restaurant, the premises offers appeal for a food and beverage business but also presents a great space for professional services, a corporate office or showroom. On the fringe of Surry Hills and nearby to the popular Crown Street bar and dining precinct, this highly prominent setting ensures frequent car, bus and foot traffic at the door.

- 127sqm* internal & featuring dual street access
- North-facing premises featuring B4 Zoning (Mixed Use)

- Roller door at rear offers easy accessibility for deliveries
- Tiled faade, glass bi-fold windows, split level floor plan
- Stylishly appointed male & female washroom facilities
- Bus stop out front & short walk from light rail station

*Approx.

Property History for 648 Bourke St, Redfern, NSW 2016

A timeline of how this property has performed in the market
Last Sold
01 Jul 1986
Listed for Rent
$85k/w
28 Aug 2023
  • 27 Aug 2023
    Listed for Sale Not Disclosed
  • 22 Mar 2023
    Listed for Rent $85,000 / year
  • 11 Mar 2020
    Listed for Rent $72,000 / year
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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 7,985 properties. Over the last 5 years, Houses in Redfern have seen a 34.77% increase in median value, while Units have seen a 21.09% increase. As at 30 November 2024:

  • The median value for Houses in Redfern is $2,100,640 while the median value for Units is $1,184,461.
  • Houses have a median rent of $990 while Units have a median rent of $820.
There are currently 18 properties listed for sale, and 45 properties listed for rent in Redfern on OnTheHouse. According to CoreLogic's data, 336 properties were sold in the past 12 months in Redfern.

Suburb Insights for Redfern 2016

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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.