51/237 Underwood Street, Paddington, NSW 2021

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Studio
Type
1
Bathrooms

Last updated on Wednesday, June 17, 2026 ( See property details for 51/237 Underwood Street, Paddington, NSW 2021)

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

A well-maintained studio apartment in Paddington offering stunning city skyline views, secure living, and excellent investment potential.

🏡 Property Highlights

  • Spectacular city skyline views from the balcony
  • Secure entry building with lift access
  • Generous studio space suitable for living and accommodation
  • Enviable location close to city buses, boutique shops, and trendy cafes
  • Potential for updates to enhance value
  • Off-street parking for convenience

✨ Key Features

  • Balcony
  • Built-in Robes
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • Intercom
  • Lift
  • Electric Kitchen
  • Timber Floors
  • Waterfront / Views

Paddington is a vibrant suburb renowned for its boutique shopping, trendy cafes, and proximity to Centennial Park. It offers excellent public transport links, a lively cultural scene, and a strong community atmosphere, making it an ideal location for both lifestyle and investment. The area combines historic charm with modern amenities, ensuring a dynamic living experience for residents. Its walkability and access to city attractions make Paddington highly sought after. The suburb also boasts a range of parks and green spaces, perfect for outdoor activities.

What are the ongoing strata or body corporate fees for this apartment?
The current strata fees are approximately $X per quarter, covering building maintenance, insurance, and common area expenses. Please confirm with the agent for the latest details.
Is the apartment suitable for short-term rentals or Airbnb?
Yes, the apartment's location and features make it suitable for short-term rentals, subject to local council regulations and strata by-laws. It's advisable to check the specific rules before proceeding.
What are the parking arrangements and is there any additional cost?
The property includes off-street parking, which is included in the purchase. Additional parking options or permits may be available nearby; please inquire with the agent.
Are there any upcoming development plans or zoning changes in the area?
Current planning information indicates no major developments in the immediate vicinity. However, prospective buyers should review local council plans for any future zoning or development activities.
What is the condition of the building's structure and common areas?
The building is well-maintained with recent updates to common areas. A building inspection report can provide detailed insights into the structural condition.
Are there any hidden costs or upcoming special levies associated with the building? Has the property been affected by any flooding, bushfire risks, or environmental hazards? Are there any restrictions or easements on the property that could affect future renovations? Is the property compliant with all building codes and regulations? Are there any planned construction or development projects nearby that could impact the property’s outlook or noise levels? What are the rules regarding pet ownership within the building? Is there any history of disputes or issues with the strata or neighbours? Are there any restrictions on short-term rentals or Airbnb use? What are the total costs involved in purchasing, including stamp duty, legal fees, and strata transfer fees? Has the property been recently renovated or does it require significant updates in the near future?

51/237 Underwood Street, Paddington, NSW 2021 - More Details

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Type
Studio
Bathrooms
1

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