40 Elizabeth Street, Paddington

4 3 2 House


Talk about the Paddington terrace with everything - this is it! Great position, plenty of living space, fabulous outdoor areas, some city views (even a glimpse of the harbour) and best of all a huge double garage. It's just fantastic! All it needs is a little finesse & it could easily rank among the best in the area, which should mean some added value and capital gain. Make no mistake it is in good condition as is, with a fabulous floorplan that makes the most of the space, successfully combining the indoor living with the huge, partially sheltered outdoor area to create an amazing entertaining arena - and there's some extra outdoor surprises upstairs!

Huge living/dining with central fireplaceFolding doors to sunny north/west courtyardNifty timber/black granite eat-in kitchenChef quality gas cooking + st/st appliances3 bedrooms (plus study/4th), 2 bathroomsBalconies off all bedrooms; built-ins, airconFabulous attic bedroom + sundeck, city/harbour viewRear lane access to double lock-up garageLand Dimensions (approx) 5.26m x 35.78m

Property Features

  • Garages 2
Suburb Guide


Just 3km from the CBD, quaint and charming Paddington is one of Sydney's best-known suburbs. It's renowned primarily for Oxford Street, the vast boulevard which runs north to south through the entire suburb and is one of Sydney's premier shopping destinations.Lined with interesting boutiques, high-street shops and eclectic specialty stores, it's also the home of the Paddington Markets, held every Saturday in Paddington Primary School. Glenmore Road (The Intersection with Oxford Street), William Street and Five Ways have also emerged as world-class shopping strips, and it's here that you'll find some of the city's most fashionable boutiques.Paddington is famous for the ornate Victorian terraces which dominate almost every one of its meandering streets. Still quite working class up until the late '80s, Paddington's rapid gentrification saw these formerly rundown residences snapped up and renovated at a rate of knots, with the high demand sending prices skyrocketing into the million dollar stratosphere.

Paddington plays host to a vast array of revered galleries, including the famed Sherman Galleries, which congregate primarily around Glenmore Road and the prestigious tree-lined boulevard of Paddington Street.

It's well-known for its pub culture, with traditional hotels such as The Royal, Bellevue, The London and The Paddington Inn offering great pub food at reasonable prices. A firm favourite among trendy inner city types and executives, Paddington's increasingly high prices mean that the affluent have a firm foothold on the suburb.

Suburb Features


  • Glenmore Road Public School
  • Paddington Public School
  • St Francis of Assisi School (Primary)
  • Sydney Boys High School
  • Sydney Grammar Edgecliff Preparatory School
  • UNSW Art & Design College


  • Centennial Park Summertime Moonlight Cinema
  • Chauvel or Verona cinemas
  • Paddington Library
  • Paddington Markets
  • Paddington Reservoir Gardens
  • Royal Hospital For Women Park
  • Sydney Cricket & Sports Ground Trust - Stadium Fitness Centre
  • Sydney Cricket Ground
  • Sydney Football Stadium
  • Trumper Park Oval
  • The Palms Tennis Centre
  • Victoria Barracks and Army Museum


  • 10 William
  • Barbetta
  • Buon Ricordo Ristorante
  • Chubby Cheeks
  • Cipri Italian
  • Freds
  • Paddington Inn
  • Royal Hotel Paddington
  • Saint Peter
  • Tequila Mockingbird
  • Ursula's Paddington
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