×
You have no items in your shopping cart.
138 Victoria Street, Potts Point, NSW 2011 Sold
138 Victoria Street, Potts Point, NSW 2011 138 Victoria Street, Potts Point, NSW 2011-Image 138 Victoria Street, Potts Point, NSW 2011-Image 138 Victoria Street, Potts Point, NSW 2011-Image 138 Victoria Street, Potts Point, NSW 2011-Image 138 Victoria Street, Potts Point, NSW 2011-Image 138 Victoria Street, Potts Point, NSW 2011-Image 138 Victoria Street, Potts Point, NSW 2011-Image 138 Victoria Street, Potts Point, NSW 2011-Image 138 Victoria Street, Potts Point, NSW 2011-Floorplan

138 Victoria Street, Potts Point, NSW 2011

$2,950,000

Block Of Units
Type
4
Bedrooms
4
Bathrooms

Last updated on Wednesday, August 26, 2026 ( See property details for 138 Victoria Street, Potts Point, NSW 2011)

$2,950,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A unique mixed-use investment opportunity in Potts Point featuring four studio apartments, a long-standing retail laundromat, and exceptional development potential (STCA).

🏡 Property Highlights

  • Rare mixed-use property in a coveted Potts Point location
  • Four fully tenanted studio apartments with balconies and terrace
  • Expansive ground-floor retail premises with established laundromat
  • Excellent scope for renovation, redevelopment, or conversion (STCA)
  • Prime position just metres from cafes, transport, and harbour foreshore
  • Potential for a complete rebuild or reconfiguration of the property

✨ Key Features

  • Balcony
  • Outdoor Area
  • Open-Plan Living
  • Home Office / Study
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Garage / Secure Parking
  • Waterfront / Views

Potts Point is a vibrant Sydney suburb renowned for its historic charm, eclectic cafes, and proximity to the CBD. It offers excellent transport links, stunning harbour views, and a lively cultural scene, making it highly desirable for both residents and investors. The area boasts a mix of heritage-listed buildings and modern developments, ensuring a unique and dynamic community atmosphere.

What are the current rental yields for the studio apartments and retail space?
The studios and retail space are all tenanted with strong demand, providing attractive rental yields based on current market conditions.
What are the potential redevelopment options for this property?
Subject to council approval (STCA), options include converting the property into a single residence, extensive renovations, or a complete rebuild to maximise its potential.
Is there scope for changing the configuration of the existing studios?
Yes, there is potential to reconfigure or upgrade the studios to suit different uses or improve rental appeal, subject to planning consent.
What are the zoning restrictions and development guidelines?
The property is zoned for mixed-use, allowing a range of development options, with specific guidelines available from the local council.
Are there any known planning or building restrictions?
All proposed changes are subject to council approval (STCA), and any restrictions related to heritage or building codes should be verified.
Are there any hidden costs associated with the property's current condition or upcoming maintenance requirements? Has the property been assessed for flood or bushfire risks in this area? Are there any existing easements, covenants, or zoning restrictions that could impact redevelopment plans? What are the strata or body corporate fees and regulations, if applicable? Is there any ongoing or planned nearby construction that could affect the property's value or livability? Are there any issues with the property's compliance with building codes or heritage protections? What are the long-term plans for infrastructure or transport developments in the vicinity? Are there any known environmental concerns or contamination issues on the site? What are the terms of the existing tenancy agreements, and are there any upcoming lease expirations? Are there any restrictions on converting the retail space or studios into a different use?

138 Victoria Street, Potts Point, NSW 2011 - More Details

$2,950,000

Located in the heart of Victoria St, the coming-to-market of this 3-level mixed-use residential/commercial property presents a rare opportunity in a prized location. Situated within an original Victorian terrace, 4 individual studio apartments, 3 with balconies or terrace, plus an expansive ground-floor retail premises are to be sold in one line, offering a unique chance on this long-cherished Potts Point street.

Set over 3 levels with ground-floor commercial/retail and 4 residential studios in total across the upper 2 levels, this is an extraordinary prospect. All tenanted and in good condition, each apartment has strong rental demand as-is, with scope for comprehensive updates (STCA), while the ground-floor retail houses a long-running laundromat business over a spacious floorplan.

A superb investment with scope for a range of options including conversion into a vast single dwelling, a complete revamp or change in configuration of the 4 studios, or even potentially a full rebuild of the property (all STCA), this is a premium chance just metres from cafes, transport, the harbour foreshore, and an easy trip to the CBD and the Eastern Suburbs.

- Rare mixed-use chance on coveted street
- 4x studios and large retail to be sold in one line
- Mixed-use zoning with range of options on offer
- All studios and retail with strong tenancy demand
- Long-established ground-floor retail laundromat
- 2x mid-level studios plus 2x upper-level studios
- 2 front studios w/ balconies, lower rear w/ terrace
- Superb investment/development chance (STCA)
- Range of options to revamp or redevelop (STCA)
- Scope for conversion to a single home (STCA)
- Steps to cafes, bars, restaurants and train station
Type
Block Of Units
Bedrooms
4
Bathrooms
4

Map & nearby places — 138 Victoria Street, Potts Point, NSW 2011

Login to experience 138 Victoria Street, Potts Point, NSW 2011 in 3D

Sign in to unlock the photorealistic 3D Immersive View of this property — fly over the home and its street, and see exactly what's around it before you book an inspection.

  • Photorealistic 3D aerial & street-level flyover
  • Nearby schools, parks, shopping, transport, health & dining
  • Walking & driving routes with live travel time from the front door
  • Orbit-home, street & suburb camera presets
  • Satellite & hybrid map views, full-screen mode
  • Free for every Real Search member — no cost to explore
Login to view 3D Immersive View New to Real Search? Create a free account

Email Enquiry To Richardson & Wrench - Elizabeth Bay / Potts Point

  • Personal Information Collection Statement
    This form is only to be used for sending genuine email enquiries to the Agent. Real Search Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Explore More About Potts Point

Real Search makes searching for your new home easy with properties for sale in Potts Point and properties for rent in Potts Point. Are you looking for specific type of property? Real Search has units for sale in Potts Point and houses for sale in Potts Point. Real Search also provides 1 bedroom block of units for sale in Potts Point, 2 bedroom block of units for sale in Potts Point & 3 bedroom block of units for sale in Potts Point. Find best real estate agents in Potts Point. You can also check real estate agencies in Potts Point. Research the property market of Potts Point with a property report and suburb profile report on Real Search.

  • Disclaimer
    Our service utilises AI search capabilities based on publicly available indexed data for non-commercial purposes and testing phase. The above information is an excerpt from publicly available data and may be subject to errors or changes. RealSearch.com.au makes no representations or warranties regarding the accuracy of this data. Please consult the Agency/Agents directly for the most up-to-date information.