93 Redfern StreetRedfern NSW 2016
Property Details for 93 Redfern St, Redfern
93 Redfern St, Redfern is a 8 bedroom, 2 bathroom House. The property has a land size of 505m2 and floor size of 20m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (December 2021)
CBRE as the exclusive sales agent are pleased to present 93 Redfern Street, Redfern to the market. The property is a boutique development opportunity situated on a 512sqm* corner block with dual frontages to Redfern Street and Glover Lane.
The asset's current improvements include 10 lettable rooms with an estimated gross holding income of $93,600* per annum, allowing prospective purchasers with the ability to hold or to develop. The B4-Mixed Use zoning combined with a floor space ratio of 1.5:1 presents developers the opportunity of a shop-top development (STCA) on a level block fronting Redfern Street, with the lane access of Glover lane providing ease of access for future construction.
93 Redfern Street, Redfern benefits from the following key attributes:
- Boutique Development Opportunity sitting in the heart of Redfern
- Situated on a 512sqm* corner block with dual street frontages to Redfern Street and Glover Lane
- Currently improvements include 10 lettable rooms
- Potential for shop-top development (STCA)
- B4 Mixed Use Zoning & 1.5:1 FSR
- Desirable location - proximity to Sydney CBD, multiple transporation avenues, eateries, attractions, supermarkets and more
93 Redfern Street, Redfern will be sold via Private Treaty
Inspections to be held by private appointment only as per COVID-19 Greater Sydney restriction requirements. Please enquire directly with the exclusive agents to arrange a private viewing.
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
Nick Wheatley
0430 438 941
Matthew Fenn
0416 925 444
Nicholas Heaton
0408 025 097
*approx.
Property History for 93 Redfern St, Redfern, NSW 2016
- 06 Dec 2021Sold for $4,300,000
- 03 Nov 2021Sold
- 14 Oct 2021Listed for Sale Contact Agent
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0About 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 7,934 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.
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