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47 Bent Street
Paddington

Sold

A entire block of 15 studio apartments on a single title on an impressive land holding in south Paddington. On an elevated corner position fronting Bent Street, Leinster Street and Regent Lane, the land comprises of 3 lots, presenting a rare multi-dwelling investment/development opportunity in a tightly held neighbourhood. Sold off-market via BresicWhitney’s network.

Highlights

city

    Features

  • Sold off-market via BresicWhitney
  • Three-level building built in 1970s
  • Large land size: 3 lots totalling 540sqm
  • Rare 3 street frontages with car access
  • Zoned R1 – FSR 1.25-1. Development upside
  • Current passing income $280k per year
  • Elevated corner position, north aspect
  • City and district views from the top floor
  • Redevelopment multi-house opportunity
  • Improve income performance with upgrades

    Property Information

  • Land size 538m2

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