259 Oxford Street PADDINGTON, NSW 2021

Sold on 9 Jul 2013
  • Building: 610m²

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  • Building: 610m²

Rare landmark site of exceptional promise in the heart of Paddington.

A rare and exclusive opportunity exists to secure this elevated and centrally located Art Deco landmark spanning 610sqms and capitalise on its Oxford Street exposure amongst other national and international retail brands, flexible mixed use zoning, architect-designed plans and unique potential (STCA).
Currently functioning as the long-serving Commonwealth Bank of Australia, this dual level commercial building offers a superb investment prospect with strong rental returns and capital growth potential. The property's two floors can be leased as two separate tenancies or one expansive business or take advantage of the property's mixed use zoning to transform into four levels with mixed-use, modern style apartments and ample basement parking.
Humphrey & Edwards are the architects and interior designers behind a contemporary vision for the adaptation of the existing building into an open plan design that will optimise its mixed-use potential. This dynamic street position grants a supreme prospect for those seeking to combine retail space with inner city residential needs.
Additional features include 15.5m wide street frontage, well-equipped modern kitchen with eat-in dining area, staff toilets, extensive storage rooms, neighbouring upstairs commercial space and advanced alarm system.
This prominent north/east facing building occupies a premier commercial location within the Paddington end of Oxford Street. It offers easy access for customers and residents, while also only metres away from Sydney's most vibrant selection of shops, cafes, restaurants, parklands and city transport.

  • A truly magnificent 610sqm site waiting to be re-invented
  • Prominent Landmark Building with outstanding exposure
  • Flexible mixed use zoning permits a range of development options including subdivision (STCA)
  • Occupy / Invest / Develop in one of Sydney's most prestigious locations