101/40 Stephen Street, Paddington

2 1 2 Unit


It's hard to find a reasonably priced apartment in this very popular neck of the woods, so be quick - first in will get the prize! Ideal for the 1st home buyer or astute investor this smiling 2 bedder is on the 1st floor of a newly renovated Harry Seidler block in a quiet cul-de-sac bordering on the charming cafe district of Rushcutters Bay. Big north facing windows let the sun flood in to the very generous, open plan living and dining areas and to the main bedroom, all newly carpeted and freshly painted, ready to live in or lease out. The kitchen and bathroom are in good functional order but there's potential here to do your own thing and make it into something really special.

Bright & cheerful - lots of northern sun1st floor in security building with new lift2 bedrooms, double north facing living/diningOpen kitchen - potential to upgradeBathroom with sep. toilet. Fresh paint/carpet1st home or low maintenance investment2 undercover carspaces on title + sep. storageQuiet, convenient location near shops/transport
Council: $295.32 pq
Water: $168.82 pq
Levies Admin: $650.55 pq
Levies Sinking: $572.59 pq

Property Features

  • Carports 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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