SOLD
Sold on 08 Nov 2023 for $145,000

51/251-255A Clarence Street
Sydney NSW 2000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 14m2
Land area: 830m2
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Property Details for 51/251-255a Clarence St, Sydney

51/251-255a Clarence St, Sydney is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1982. The property has a land size of 830m2 and floor size of 14m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom House sold in Sydney in the last 12 months.

Building Type
House
Year Built
1982
Floor Size
14m2
Land Size
830m2
Local Government
Sydney
Lot/Plan
51/SP19543

Last Listing description (February 2024)

The trend over the past couple of years has seen demand for parking spaces intensify.

There are a couple of explanations to explain this recent growth.

The first is that larger companies are beginning to acquire them for their workforce. Running in parallel is government policy to reduce cars in the city by cutting parking supply. The allocation of parking spaces within developments continues to fall and the chances of new city car parking stations being developed are close to zero.

The determining factor for the price of car spaces is based on level, the most convenient spaces are those nearest ground level and as such they achieve the highest price.

I have one of the best positioned car spaces available in the building, ground floor next to the entry and exit.

The car parking station is located at 251 - 255 Clarence Street, it is a gated multi-storey car park in the heart of the city.

According to the strata plan this car parking spaces measures 14 square metres.

According to Google maps the car park is located 190 metres to Town Hall Station, 200 metres to Queen Victoria Building, 600 metres to GPO Martin Place, 800 metres to Wynyard Station.

There are several rates and levies to pay when owning individual city parking spaces, prior to signing any contract of sale I would recommend that you make your own enquiries.

Property History for 51/251-255a Clarence St, Sydney, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$145,000
08 Nov 2023
Listed for Rent
$11/w
27 Dec 2017
  • 08 Nov 2023
    Sold for $145,000
  • 10 Oct 2023
    Listed for Sale Guide Price: $150,000 - $160,000
  • 05 Dec 2019
    Sold for $100,000
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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 24,317 properties.

    There are currently 161 properties listed for sale, and 345 properties listed for rent in Sydney on OnTheHouse. According to CoreLogic's data, 768 properties were sold in the past 12 months in Sydney.

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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.