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Investment Highlights

  • Corner position with dual street frontage
  • Sunny courtyard, off-street parking, and communal laundry facilities enhance usability.
  • Includes nine boarding rooms, each with kitchenettes; five rooms feature ensuites.
  • Zoned R2 Low Density Residential with potential for redevelopment or adaptive reuse (STCA).

Executive Summary

This landmark property at 118 Oxford Street offers a rare opportunity to acquire a versatile mixed-use asset in one of Sydney’s most prestigious inner-city suburbs. The building comprises a nine-room residential boarding house across two levels, complemented by a long-standing veterinary clinic and a separate real estate office. With a solid brick and rendered construction dating back to the 1920s, the property has been family-owned for over four decades and is presented in well-maintained condition with classic character features throughout.
Positioned on a prized corner at Oxford and Wallis Streets, the site benefits from exceptional exposure and accessibility, directly opposite Centennial Park and within walking distance to Paddington and Bondi Junction. Public transport links to the CBD and Bondi Beach are easily accessible, enhancing convenience for residents and commercial tenants alike. Zoned R2 Low Density Residential, the property offers future redevelopment potential or change of use, subject to council approval. With a current annual income of approximately $234,241.44 and a secure veterinary lease in place until February 2030, this asset provides immediate cash flow and long-term upside for investors seeking a high-demand location with multiple value-add pathways.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
3,014 SF
Building Class
C
Price
$5,475,476 CAD
Price Per SF
$1,816.74 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,507 SF
Building FAR
1.15
Lot Size
0.06 AC

Amenities

  • Signage
  • Natural Light
  • Partitioned Offices
  • Listing ID: 39953983

  • Date on Market: 2026-03-29

  • Last Updated:

  • Address: 118 Oxford St, Woollahra, NSW 2025

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