Commercial Property

252 Johnston Street

Annandale NSW 2038, Australia

- Parking
2889 m² Land size
- Internal area
$17,255,000 Last sale (2023)

Snapshot

Key points for 252 Johnston Street.

  • Estimated weekly rent: $850 pw
  • Land size: 2,889 m²
  • Zoning: R1 – Flexible residential
  • Trophy Conversion opportunity: Large inner‑west site with approved expansion and extra storey
  • 2,889 m² land area

About this commercial property

Lot 1 at 252 Johnston Street, Annandale is a 2,889 m² inner‑west site that currently contains a former 83‑room aged‑care facility built in the 1970s. The building provides 2,977 m² of gross floor area on a 996 m² footprint and sits 19 m above sea level. The land sold at auction on 27 June 2023 for $17.255 million, with Ray White Commercial – Western Sydney acting as the exclusive agents.

Approved development consent allows expansion and an additional storey, and a June 2023 planning application seeks to convert the building into a 100‑room co‑living boarding house, making the parcel a notable trophy conversion opportunity

Key details

Locality
Annandale
State
NSW
Coordinates
33.87589048 / 151.17273267
GNAF PID
GANSW703911020
Legal parcel ID
1/612905
Remoteness area
Metro
Property type
Commercial
Land size
2889 m²
Internal area
-
Built
1970s
Bushfire risk
None detected
Flood risk
Present
Heritage overlay
Annandale Heritage Conservation Area
Zoning
R1 – Flexible residential
Land Use Category
Commercial

Market estimates

Based on curated rent estimate.

Expected weekly rent
$850
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
27 Jun 2023
$17,255,000$5,972
Sale
27 Jun 2023
On‑site auction at 2:30 pm; sold to private developer.
$17.255 million$5

Price per m² based on land size of 2889 m².

Property insights

Recorded sales and leasing agents

Recorded sale agency (2023 sale)
Ray White Commercial – Western Sydney recorded for the 2023 sale 15‑17 Argyle St, Parramatta NSW 2150
Recorded listing contacts
Peter Vines 0449 857 100 Victor Sheu 0412 301 582 Commercial real estate

Area insights

The surrounding precinct places day-to-day amenities within easy reach
  • Rozelle Bay waterfront area on Sydney Harbournorth; 0.4 km away

Real Estate Agencies

Ordered by:
Ray White - Everest Group
BresicWhitney - Inner West
Adrian William
Harris Tripp - Summer Hill
The Agency Inner West
Ray White - Erskineville | Alexandria | Glebe | Surry Hills
McGrath Estate Agents Inner West - Leichhardt
McGrath Lower North Shore
Ray White Elevate Group
CobdenHayson - Annandale
Horwood Nolan
Morton Real Estate - Pyrmont
Ray White - Annandale
Belle Property - Annandale
Time Realty - Five Dock
Belle Property - Balmain
CobdenHayson - Petersham
MONTANO GROUP - LEICHHARDT
Pilcher Residential - Annandale
Reco Property
* Approximate straight-line distances

Frequently asked questions

What is the land size of the property?

The site measures approximately 2,889 m²

Greekherald.com.au
How much gross floor area does the existing building provide?

The building has a gross floor area of about 2,977 m²

Raywhitecommercialwesternsydney.com
What zoning applies to 252 Johnston Street?

The parcel is zoned R1 – Flexible residential, permitting a range of residential and senior‑living uses

Planningalerts.org.au
Has development approval been obtained for additional construction?

Yes, development consent has been granted for expansion and an extra storey

Raywhitecommercialwesternsydney.com
What is the nearest notable waterfront location?

Rozelle Bay lies approximately 0.4 km to the north of the property

Which suburb is the property located in and how far is it from Sydney CBD?

The property is in Annandale, an inner‑west suburb about 5 km west of Sydney’s central business district

En.wikipedia.org
What kind of property is this?

252 Johnston Street is listed as Commercial in Annandale, NSW

Planningalerts.org.au
How many bedrooms, bathrooms, parking spaces, or other key details are listed?

252 Johnston Street is described with land size of 2,889 m², built around 1970

Planningalerts.org.au

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