3 O'Connell Street, Newtown, NSW 2042

$2,750,000

Terrace
Type
4
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Wednesday, June 17, 2026 ( See property details for 3 O'Connell Street, Newtown, NSW 2042)

$2,750,000

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A beautifully preserved heritage terrace with versatile zoning, spacious interiors, and prime proximity to Newtown's vibrant hub and green spaces.

🏡 Property Highlights

  • Rich original period character with ornate ceilings and preserved fireplaces
  • Outstanding E1 zoning offering versatile residential and commercial use
  • Grand proportions with high ceilings and spacious rooms
  • Prime location just metres from King Street's vibrant dining and shopping precinct
  • Flexible layout including a home office or consulting space
  • Private sun-washed courtyard with rear lane access to secure parking

✨ Key Features

  • Open-Plan Living
  • Home Office / Study
  • Outdoor Area
  • Built-in Robes
  • Security Screens / Gates
  • Fly Screens
  • Internal Laundry
  • Ceiling Fans
  • Waterfront / Views
  • Extra Storage (Shed/Linen)

Newtown is a vibrant, eclectic suburb renowned for its diverse dining, boutique shopping, and lively arts scene. It offers excellent walkability, proximity to green spaces like Camperdown Memorial Rest Park, and easy access to Sydney CBD. The area boasts a rich heritage, with beautifully preserved period homes and a dynamic community atmosphere. Its central location makes it ideal for both professionals and creatives seeking a lively yet convenient lifestyle.

What is the zoning classification of this property and what does it allow?
This property is zoned E1, which provides flexibility for both residential living and a variety of commercial or creative endeavours, subject to council approval.
Are there any heritage restrictions or preservation requirements for this terrace?
Yes, the property features original period details such as ornate ceilings, fireplaces, and stained glass windows, which are protected and must be maintained in accordance with heritage guidelines.
What are the potential uses for the lower-level bedroom or home office?
The versatile lower-level space can serve as a home office, consulting room, or additional bedroom, offering flexible options for work or accommodation.
Is there off-street parking available?
Yes, the property includes rear lane access leading to a secure off-street car space.
What are the nearby amenities and transport options?
The property is within walking distance to King Street's vibrant shopping and dining precinct, Sydney University, Royal Prince Alfred Hospital, and public transport options, including buses and trains.
Are there any planned developments or zoning changes in the area that could affect the property's value or character? What are the council rates and any additional costs associated with heritage preservation requirements? Are there any existing or past issues with structural integrity, pests, or dampness? Is the property compliant with all building codes and heritage regulations? Are there any easements, covenants, or restrictions on the property that could impact future use or renovations? What is the history of the property's maintenance and any recent upgrades or repairs? Are there any upcoming infrastructure projects or noise sources nearby that could affect living or business use? Has the property been affected by flooding or bushfire risks, and what mitigation measures are in place? Are there any strata or community title considerations, or is it a freehold title? What are the terms of the current lease or ownership, and are there any covenants or conditions to be aware of?

3 O'Connell Street, Newtown, NSW 2042 - More Details

$2,750,000

Type
Terrace
Bedrooms
4
Bathrooms
1
Parkings
1

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