SOLD
Sold on 03 Oct 2024 for $750,000

284/569-581 George Street
Sydney NSW 2000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 87m2
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Metro Realty Sydney
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Property Details for 284/569-581 George St, Sydney

284/569-581 George St, Sydney is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 87m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Sydney in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
71m2
Land Size
87m2
Local Government
Sydney
Lot/Plan
284/SP65785

Last Listing description (October 2024)

Nestled in the vibrant Midtown Sydney CBD, this apartment is perfectly positioned where the city never sleeps, with everything you need just steps away. Located right across from World Square, enjoy an array of shops, cafes, and local restaurants at your doorstep. With easy transport connections, the light rail stop on George St is right outside, and Town Hall station is just a short stroll away. You are also within walking distance to the QVB, Pitt Street Mall, Hyde Park, Chinatown, and Darling Harbour.

Perched on level 18 of 'The Summit,' this apartment is an excellent investment or a perfect first home. Its prime location and high rental demand make it a solid investment with low vacancy rates. Generously sized with 87 sqm on title, this apartment boasts a well-designed floor plan centred around an open plan lounge and dining area that seamlessly extends to a large balcony overlooking George St, offering a sought-after east aspect.

About the apartment:

- High on level 18 with sought-after east aspect
- Open plan lounge and dining area opening up to a large balcony
- Granite kitchen with gas cooking and stainless steel appliances
- Fully tiled, low-maintenance bathroom with separate shower and bath
- Queen-sized bedroom with access to the balcony
- Secure car space + storage cage, internal laundry, and intercom system
Building amenities include a pool, spa, gym, and onsite building management
- Conveniently located across from World Square. Short stroll to Darling Square, Chinatown, Darling - Harbour and near major transport connections
- Easy walk to Hyde Park, minutes from the Royal Botanic Gardens

Experience the best of urban living in this modern, well-appointed apartment. Whether you are - seeking a new home or a high-demand rental property, 284/569 George St, Sydney offers an unbeatable combination of convenience, lifestyle, and investment potential.

Property Facts:
Total Area: 87m2
Internal Area: 71m2
Aspect: East
Level: 18

Outgoings (per quarter):
Strata: $3,105 (Includes $1,599.43 special levy for fire order)
Water: $178
Council: $309

To make an offer on this extraordinary apartment or to arrange a private inspection, please contact Cintia Elkhoury at 0410 434 979 or email cintia@metrorealty.com.au.

Disclaimer: We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Interested parties should make independent inquiries about the accuracy of the information provided.

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Property History for 284/569-581 George St, Sydney, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$750,000
03 Oct 2024
Listed for Rent
$680/w
30 Mar 2022
  • 03 Oct 2024
    Sold for $750,000
  • 29 Jul 2024
    Listed for Sale $765,000-$795,000
  • 23 Mar 2022
    Sold for $775,000
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About Sydney 2000

The size of Sydney is approximately 3 square kilometres. It has 16 parks covering nearly 33.5% of total area. The population of Sydney in 2011 was 14,307 people. By 2016 the population was 17,261 showing a population growth of 20.6% in the area during that time. The predominant age group in Sydney is 20-29 years. Households in Sydney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sydney work in a professional occupation. In 2011, 33.6% of the homes in Sydney were owner-occupied compared with 29.1% in 2016.

Sydney has 23,945 properties. Over the last 5 years, Houses in Sydney have seen a -71.84% decrease in median value, while Units have seen a 5.01% increase. As at 31 October 2024:

  • The median value for Houses in Sydney is $502,395 while the median value for Units is $1,163,718.
  • Houses have a median rent of $800 while Units have a median rent of $950.
There are currently 195 properties listed for sale, and 376 properties listed for rent in Sydney on OnTheHouse. According to CoreLogic's data, 680 properties were sold in the past 12 months in Sydney.

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