SOLD
Sold on 05 Dec 2023 for $2,700,000

69 Renwick Street
Redfern NSW 2016

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 217m2
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Property Details for 69 Renwick St, Redfern

Building Type
Commercial
Land Size
217m2
Local Government
Sydney
Lot/Plan
3/DP747674

Last Listing description (October 2023)

This authentic early century warehouse building offers approximately 340sqm of building area over two levels ready to refurbish, redevelop or occupy. 69 Renwick Street boasts generous spaces with impressive volume and suits both creative commercial occupiers or residential homeowners. 69 Renwick Street shall be offered with vacant possession, ready to create the ultimate office, retail or creative space, with the potential for significant value add.

- Offered with Vacant Possession

- Flexible MU1 Mixed Use Zoning
- Prime warehouse conversion
- Soaring ceilings & industrial features
- Original timber beams throughout
-340sqm existing floor area approx.

69 Renwick Street is located 300m* from Redfern Station which provides services all over Sydney and is currently in the process of an $100m* upgrade. The site is also serviced by Australia's largest rail interchange, Central Station located 1.1 km* away.

The nearby proposed Waterloo Metro Station is expected to commence operations in 2024. This brand-new station is part of the Sydney Metro and will provide regular services from Sydney Southwest link to the existing Northwest metro line. It will contribute to the NSW Government's objective to transform Waterloo and Redfern and will provide additional connectivity to the Australian Technology Park.

Property History for 69 Renwick St, Redfern, NSW 2016

A timeline of how this property has performed in the market
Last Sold
$2,700,000
05 Dec 2023
  • 05 Dec 2023
    Sold for $2,700,000
  • 30 Oct 2023
    Listed for Sale Contacts Agents
  • 16 Dec 2016
    Sold
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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 7,930 properties. Over the last 5 years, Houses in Redfern have seen a 37.26% increase in median value, while Units have seen a 24.15% increase. As at 31 October 2024:

  • The median value for Houses in Redfern is $2,057,027 while the median value for Units is $1,181,686.
  • Houses have a median rent of $965 while Units have a median rent of $800.
There are currently 20 properties listed for sale, and 52 properties listed for rent in Redfern on OnTheHouse. According to CoreLogic's data, 327 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.