Commercial Property

38 Albion Street

Annandale NSW 2038, Australia

- Parking
419 m² Land size
$3,075,000 Last sale (2021)

Snapshot

Key points for 38 Albion Street.

  • Estimated market value: $3,710,000
  • Recorded price: $3,075,000
  • Land size: 419 m²
  • Heated inground swimming pool
  • Double‑sided fireplace in open‑plan living/dining area

About this commercial property

LOT 1 38 Albion Street, Annandale NSW 2038 is a renovated residential property that includes a main six‑bedroom, three‑bathroom house and a separate two‑bedroom freestanding studio on the same title. The parcel sits on roughly 404‑419 m² of land with a main dwelling floor area of about 282 m².

The property sold for $3,075,000 on 5 Mar 2021 and recent market estimates place its value around $3.6 million, with estimated weekly rent of $2,100

Key details

Locality
Annandale
State
NSW
Coordinates
33.88693168 / 151.17077822
GNAF PID
GANSW703915412
Legal parcel ID
50/1247953
Remoteness area
Metro
Property type
Commercial
Land size
419 m²
Bushfire risk
None detected
Flood risk
Present
Heritage overlay
Heritage Conservation Area overlay
Land Use Category
Commercial

Market estimates

Based on web rent evidence, web value evidence.

Expected weekly rent
$2,129
Expected property value
$3,710,000
Estimated yield
2.98%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
5 Mar 2021
Agent Simon Pilcher
$3,075,000$7,338
Sale
27 Jul 2020
Agent Pilcher Residential
$3,300,000$7,875
Sale
30 Mar 2006
$739,000$1,763

Price per m² based on land size of 419 m².

Property insights

Property Features

  • Heated inground swimming pool Benceproperty.com.au
  • Double‑sided fireplace in open‑plan living/dining area
  • High‑quality timber flooring throughout main house
  • Lofted roof delivering abundant natural light
  • Entertainer’s kitchen with walk‑in pantry, dual integrated fridges and Calacatta marble benchtops
  • Ducted reverse‑cycle air‑conditioning
  • Heritage Conservation Area overlay and 100‑year flood overlay
  • Entertainer’s kitchen with walk‑in pantry, dual integrated fridges, Calacatta marble benchtops Benceproperty.com.au Benceproperty.com.au
  • Exquisitely renovated: Renovation by Kennedy Associates Architects

Recorded sales and leasing agents

Recorded sale agency (2021 sale)
Bence Property Group recorded for the 2021 sale Level 1, 413 New South Head Road, Double Bay NSW 2028 Bence property group
Recorded listing contacts
Mark Bence +61 2 9362 0800 Mobile 0411 640 576, Email mbence@benceproperty.com.au

Area insights

  • Lilyfield residential precinct with parks and Metro station – approx. west; 1.5 km away
  • Leichhardt vibrant café strip and cultural hub – approx. west; 2 km away
  • Rozelle Bay waterfront on Sydney Harbour – approx. north; 1 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 parking facilities are available?

Parking details are not listed; the property’s lot size is approximately 419 m²

Benceproperty.com.au
Are there any heritage or flood overlays affecting the site?

The site is covered by a Heritage Conservation Area overlay and a 100‑year flood overlay

Benceproperty.com.au
How many bedrooms does the property have?

The main house has six bedrooms and the separate studio adds two more, for a total of eight bedrooms

Benceproperty.com.au
How many bathrooms are in the main residence?

The main house contains three full bathrooms

Benceproperty.com.au
What was the most recent sale price?

The property sold for $3,075,000 on 5 March 2021

Benceproperty.com.au
What is the estimated market value?

Current estimates place the market value at around $3.6 million

Benceproperty.com.au
What is the estimated weekly rent?

Estimated weekly rental potential is roughly $2,100

Benceproperty.com.au
What are some nearby places of interest?

Nearby places include Glebe to the east, Lilyfield and Leichhardt to the west, Stanmore to the south, and Rozelle Bay to the north

En.wikipedia.org

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