47 Windsor Street, Paddington
Overview
Discover an iconic Paddington building located on a sun-soaked north-eastern corner block, boasting a prestigious address, and awaiting contemporary residential reinvention. This majestic property, nestled into the cul-de-sac end of Windsor Street, sits on a 195sqm parcel, ideally positioned between Five Ways and Woollahra Village. This is a rare opportunity to own a piece of Sydney's culinary history, situated on a landmark corner parcel in a prized Paddington cul-de-sac with a net lettable area of approximately 280sqm. It is in the heart of Paddington, just a short stroll to Oxford Street and its vibrant offerings and is currently leased to the renowned Civico 47 Italian restaurant on a triple net lease for 3 years with 4% annual increases and strong security.
Highlights
- Iconic Paddington building with residential reinvention potential
- Located on a sun-soaked north-eastern corner block
- Approx 195sqm of land and approx. 280sqm of net lettable area
- Leased to Civico 47 Italian restaurant on a triple net lease for 3 years with 4% annual increases and strong security
- Three-street frontage terrace with an expansive shop front
- Zoned R2 residential
- Options to hold as an investment, future owner-occupy, or convert to a grand residential home
- Completely refurbished to a high standard, maintaining an exquisite facade
- Potential to incorporate parking (subject to council approval)
- Surrounded by local cafes, restaurants, and boutique shopping
- Situated on one of Paddington’s best streets
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