Offered for the first time in 60 years, this exceptional three-story walk-up presents a rare opportunity to secure a premium investment in the heart of Paddington. Comprising 27 fully leased studio apartments-many of which have been tastefully renovated to deliver modern, comfortable living-this property combines strong immediate returns with compelling long-term potential.

Situated on a prominent corner position at Oxford and Shadforth Streets, the building spans a generous land area of 887sqm, with over 31 metres of frontage to Oxford Street. The site is zoned R3 Medium Density Residential under Woollahra Council, offering exciting prospects for future development (STCA), including potential for retail activation along Oxford Street.

Key features:

• 27 studio apartments, all on individual strata titles, being sold in one line by a single owner
• Secure lower ground parking for approx. 13 cars – a rare asset in this vibrant locale
• Prime corner location at the gateway to the Paddington Intersection
• Zoned R3 Medium Density Residential – Woollahra Council
• High-growth inner-city location, moments to lifestyle amenities, transport, and retail
• Significant value-add potential, subject to council approval

For Sale by Expression of Interest, closing 29 May 2025.

Anthony Khoury
+61 418 224600

Karima Khoury
+61 404 055 522