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.
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.
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.
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