45 Union Street Paddington NSW 2021

Freshly listed terrace |1880 origins fully renovated |100sqm lot with parking |Est. $3.9M value|This three-bedroom terrace house on a 100sqm lot suits urban professionals or downsizers drawn to low-maintenance living near village amenities. The property delivers practical space across three levels, with high ceilings and natural light creating an expansive feel despite the modest footprint, ideal for seamless indoor-outdoor flow to its courtyard. Rear lane access to its single car space addresses a key urban constraint, setting it apart from street-only parking terraces nearby. On a tree-lined avenue among Paddington’s finest, it benefits from heritage charm without the upkeep burdens of unrestored classics. Renovated buyers target these turnkey homes, bypassing the risks and costs of period renovations in a heritage precinct. Similar renovated terraces here hold firm value, trading briskly among professionals who prioritise walkability to Five Ways cafes and Oxford Street over larger lots. Its recent full rebuild enhances reliability, appealing to those holding through market cycles for steady capital growth. School catchments add family crossover potential, though the compact scale leans toward child-free couples. Long-term, the scarcity of parking and modern internals in this blue-chip pocket underpins enduring demand. Positioned now, it tracks with Paddington’s renovated terrace benchmark, likely drawing multiple offers at auction.