52 Liverpool Street, Paddington NSW 2021

Prime Paddington terrace | 93m² on a quiet cul-de-sac | rear lane potential | heritage zone with renovation upside. This property offers a rare combination of a tightly held, tree-lined cul-de-sac address and a compact footprint that, in this market, commands a premium. The 58m² building area sits on a 93m² lot with rear lane access potential, which is a structural advantage for future reconfiguration or parking. For a buyer seeking a classic Paddington terrace with strong capital growth prospects, the location near Glenmore Road and Five Ways provides lifestyle depth that underpins demand. The heritage zoning is a known constraint but also a value shield, limiting supply in the immediate area. This house best suits a buyer who values location over internal space and is prepared to renovate within heritage guidelines. The heritage overlay is the primary risk, as it restricts external alterations and may require council approval for any significant changes, adding time and cost. The 62% site coverage leaves limited room for expansion without a DA, and the 9m roof height suggests a single-storey layout with no attic conversion potential. However, the rental yield of 1,900+ per week offers a solid holding cost offset, and the property’s long-term hold history (last sold 1997) indicates low turnover in the street. For a buyer, the commercial logic is to acquire at or below the buyers guide, renovate internally for value, and hold for medium-term capital gains driven by location scarcity.