47 Bent Street, Paddington

1. Rare Paddington Freehold Site Exceptionally rare inner-city asset ideally positioned between Allianz Stadium’s entertainment district and Oxford Street’s dining precinct, just 230 metres* from Paddington Markets.
2. Diverse value add opportunity Acquire a secure income-producing investment generating $346,000* net per annum from fifteen residential units, with a versatile 538 sqm* land holding offering future development flexibility and strata sell-down potential.
3. Versatile R1 General Residential Zoning Permissible uses include boarding houses, residential flat buildings, attached and semi-detached dwellings (STCA).
4. Passing income Generating $508,000 in gross annual income from 15 well-maintained studio apartments with significant rental reversion potential, as comparable co-living projects in Paddington achieve $750-$800 per week versus the passing rents of $600-$750 per week.
5. Strong Student Demand Proximity to UNSW campus ensures continued demand from domestic and international students seeking premium innercity accommodation, with Sydney’s tight rental market driving sustained occupancy and rental growth in the affluent Paddington market.
6. Recent maintenance and refurbishment work Recently updated fire compliance improvements, along with a portion of studios receiving full bathroom renovations, flooring and kitchen renovations, requiring minimal upcoming capital expenditure requirements, reducing downtime and future maintenance costs for investors.
7. Strata Subdivision Potential Opportunity to strata subdivide the existing block and gradually sell off the fifteen studios individually, allowing for capital recycling and profit realisation over time while maintaining rental income from unsold units during the sell-down period.
8. Highly Accessible Location 333 Bus service directly into the Sydney CBD with stops at Town Hall, Martin Place and Circular Quay, providing seamless connectivity for residents and ensuring strong rental demand.
9. Walk Everywhere Lifestyle Oxford Street, entertainment quarter, parks and inner-city hotspots all within walking distance, offering exceptional lifestyle amenity and contributing to the property’s rental appeal.
10. View Corridors Upper-level apartments feature outstanding outlook towards the Sydney CBD and Allianz stadium enhancing rental yields and providing a premium living experience for residents.
11. Income-Generating Landbank Hold prime land in Sydney’s affluent inner city with strong holding income offsetting carrying costs, allowing you to time future development to suit your pipeline and ideal market conditions.

^*Approximate

47 Bent Street, Paddington, is being offered For Sale by way of Expressions of Interest (EOI) closing Tuesday, 29th of September 2026 at 4pm (AEST).

For further information parties should contact the exclusive selling agents to access the due diligence dataroom and arrange inspections by appointment.