49-51 Shepherd Street, Chippendale, NSW 2008

Buyers guide $6,500,000

House
Type
4
Bedrooms
2
Bathrooms
2
Parkings
491 m²
Area

Last updated on Wednesday, May 13, 2026 ( See property details for 49-51 Shepherd Street, Chippendale, NSW 2008)

Buyers guide $6,500,000

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

A historic freestanding dual-access property in Chippendale offering versatile commercial and residential spaces with modern loft-style interiors and prime urban living amenities.

🏡 Property Highlights

  • Dual street access with versatile commercial and residential configuration
  • Period charm with soaring high ceilings, exposed brick, and beams
  • Modern loft-style interiors with designer touches and open-plan living
  • Multiple sound-proof offices and potential for conversion into a second residence
  • Prime location in the creative hub of Chippendale, close to amenities
  • Low electricity bills with solar power and air conditioning throughout

✨ Key Features

  • Open-Plan Living
  • Home Office / Study
  • Outdoor Area
  • Built-in Robes
  • Dishwasher
  • Garage / Secure Parking
  • Air Conditioning
  • Security Screens / Gates
  • Fly Screens
  • Waterfront / Views
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49-51 Shepherd Street
Chippendale, NSW 2008
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Vertical aerial view — 49-51 Shepherd Street
49-51 Shepherd Street — Vertical Aerial  •  Chippendale, NSW 2008  •  Nearmap © 2026

Chippendale is a vibrant, creative suburb renowned for its historic charm and innovative culture. It offers a thriving café society, diverse dining options, and proximity to major educational institutions like Sydney University and UTS. The area boasts beautiful parks, lively nightspots, and easy access to public transport, making it ideal for professionals and creatives alike. Its central location provides convenient access to shopping centres, cultural venues, and the bustling precincts of Glebe and Newtown.

What is the layout and potential use of the commercial space?
The commercial space is currently set up as a casting studio with sound-proof offices, but it can also be converted into a second self-contained residence or used as an art gallery.
Are there any development or renovation restrictions due to its heritage status?
As a property built circa 1899 with historic charm, any renovations or modifications may require approval from local heritage authorities; it is advisable to consult with the council for specific restrictions.
What are the energy efficiency features of the property?
The property is equipped with solar power to reduce electricity costs and has air conditioning throughout for climate control.
Is there parking available on the property?
Yes, the property includes a double garage with internal access and secure parking options.
What are the nearby amenities and transport options?
The property is close to Victoria Park, Broadway Shopping Centre, cafes, restaurants, nightspots, parks, supermarkets, and is just 1km from Central and Redfern stations.
Are there any hidden costs associated with converting the commercial space into a residence? Has the property been inspected for structural issues or heritage restrictions that could impact renovations? Are there any zoning or easement restrictions affecting the dual street access or potential development? What are the flood or bushfire risks in this area? Is there any ongoing or upcoming planning activity nearby that could affect the property’s value or use? Are there strata or body corporate considerations if the property is subdivided or altered? What are the costs associated with maintaining the historic features and upgrades? Are there any noise or neighbour-related issues given its central location?

49-51 Shepherd Street, Chippendale, NSW 2008 - More Details

Buyers guide $6,500,000

An extraordinary offering with dual street access that’s currently configured as commercial on the ground floor and residential upstairs, this property will appeal to a range of buyers. Originally built c1899, it’s freestanding, generous and retains an abundance of period charm.

The residential home exudes a New York loft-style ambience with soaring high ceilings, exposed brick and designer interiors while the commercial part is currently set up as a casting studio with multiple sound-proof offices, but would also be ideal as an art gallery. The option exists to convert the commercial space into a second self-contained residence.

Set in a peaceful tree-lined street alongside beautiful historic homes, it’s immersed in Chippendale’s creative culture, café society and foodie scene. It’s central to Victoria Park, Broadway Shopping Centre and Spice Alley, as well as Sydney University and UTS. It’s also in central walking proximity to the trendy food and shopping precincts of Glebe and Newtown.

* Soaring high ceilings with exposed brick and exposed beams
* Vast living/dining room with timber floors and huge TV screen
* Marble wet bar with two Vintec wine fridges, Sonos speakers
* Enclosed balcony or sunroom that invites the outdoors in
* Open plan kitchen/family room with polished concrete floors
* Stainless steel bench tops, European appliances, gas cooking
* Relaxed loft living space overlooking the vast living/dining room
* Oversized main bedroom with walk-in robe and deluxe ensuite
* Stylish fully tiled bathroom with luxurious under-floor heating
* Air conditioning throughout, solar power for low electricity bill
* Two offices or third and fourth bedrooms upstairs plus storeroom
* Downstairs: three offices, large common room plus kitchenette
* Two powder rooms, double garage, internal access, top security
* 228sqm parcel of land, dual street access via Shepherd Lane
* Stroll to cafes, restaurants, nightspots, parks and supermarkets
* Just 1km to Central station, Redfern station and Carriageworks.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
2
Area
491 m²
House Size
491 m²

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