SOLD
Sold on 03 Aug 2023 for $1

11-25 Palmer Street
Woolloomooloo NSW 2011

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Floor area: 3000m2
Land area: 841m2
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Property Details for 11-25 Palmer St, Woolloomooloo

Building Type
Commercial
Floor Size
3000m2
Land Size
841m2
Local Government
Sydney
Lot/Plan
B/DP356978

Last Listing description (August 2010)

LANDMARK COMMERCIAL FREEHOLD BUILDING
For the first time in many years this impressive building is available to purchase. A landmark / iconic building which previously was operated and used by the Reserve Bank of Australia.
Some of the many features of this building are;

??? Commercial freehold building
??? 2,800m2 of existing NLA
??? Scope to add extra NLA with an approved total area of 3,364m2
??? Flexible ???Mixed use??? zoning
??? Currently operating as a ???Storage King??? self storage facility which generates substantial passing income
??? Able to be offered with vacant possession or continue as a storage facility
??? 3 level building with passenger lift
??? Loading dock with rear lane access
??? Only minutes walk to the Domain, the Sydney CBD and vibrant East Sydney this building is perfect for both owner occupiers who are seeking short term income or long term investors.
For more information or to arrange an inspection please contact the exclusive agents;
Daniel O???Brien
0404 860 747
daniel.obrien@cbre.com.au
James Aroney
0408 245 554
james.aroney@cbre.com.au

Property History for 11-25 Palmer St, Woolloomooloo, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$1
03 Aug 2023
Listed for Rent
$14k/w
06 Jul 2007
  • 03 Aug 2023
    Sold for $1
  • 19 Apr 2011
    Sold for $4,600,000
  • 19 Mar 2011
    Listed for Sale Not Disclosed
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About Woolloomooloo 2011

The size of Woolloomooloo is approximately 0.4 square kilometres. It has 9 parks covering nearly 4.6% of total area. The population of Woolloomooloo in 2011 was 3,715 people. By 2016 the population was 4,042 showing a population growth of 8.8% in the area during that time. The predominant age group in Woolloomooloo is 20-29 years. Households in Woolloomooloo are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Woolloomooloo work in a professional occupation. In 2011, 25% of the homes in Woolloomooloo were owner-occupied compared with 25.9% in 2016.

Woolloomooloo has 4,076 properties.

    There are currently 19 properties listed for sale, and 21 properties listed for rent in Woolloomooloo on OnTheHouse. According to CoreLogic's data, 155 properties were sold in the past 12 months in Woolloomooloo.

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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.