St Peters

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A site earning more than $300,000 in Sydney's St Peters with potential for apartments and commercial uses was recently sold through Taylor Nicholas. The price was not disclosed.
Zoned B7 business park, the <a href="https://www.realcommercial.com.au/property-land+development-nsw-st+peters-502130666" target="_blank">2-22 Hutchinson St &amp; 27-33 Applebee St, St Peters, NSW 2044</a> has a land area of 2623 sqm.
It has two street frontages and seven factories and the current income is $314,511.49 pa.
Located within St Peters Triangle Precinct 25, the site is close to St Peters station and shops. 
Pre-development approval plans have been lodged for two buildings of three and five storeys, subject to council approval.
There is a potential for five commercial units, four home offices and 46 apartments in a mix of one, two and three bedrooms.
The selling agent was Nick Spasevski.
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Site in Sydney's St Peters with plans for mixed use sells

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The St Peters home former world champion boxer Jeff Fenech grew up in has been sold for $1.5 million.
Fenech, who turns 54 this week, sold the home as executor of his late mum, Mary's estate.
She passed away last year with the home offered for the first time in 45 years.
It dates back to the 1930s with four bedrooms on its 410 sqm parcel.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/5/29/fenech2.jpg" alt="">
Richardson &amp; Wrench Newtown agent Steve Kremisis secured the <a href="https://www.realestate.com.au/property/26-florence-st-st-peters-nsw-2044" target="_blank">Florence Street sale.</a>
Fenech won world titles in three weight divisions. 
CoreLogic put the median terrace price at around $1.35 million.
This article was first published in the Saturday Daily Telegraph.
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Boxer Jeff Fenech sells St Peters home he grew up in

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The St Peters jam factory residential conversion has been snapped up before auction for $2.12 million.
The facade looks like every other inner city warehouse, but inside has been transformed by Graham Sachse and Grant Maxwell.
It was operating as a jam and chutney packaging company just 10 years ago.
<img src="https://www.urban.com.au/images/2019/2/12/41%20Hutchinson%202.JPG" alt="">
There was a buyers guide of $2.1 million for the 41 Hutchinson Street property with three bedrooms, two bathrooms, and one parking space on a block of 373 square metres.
It last sold 10 years ago for $810,000.
It sold through Duncan Grant of BresicWhitney Estate Agents.
This article first appeared in The Sunday Telegraph. 
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St Peters jam factory conversion sold for $2.12 million pre-auction 

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A St Peters warehouse that was previously a car mechanics has been listed for sale after its conversion.
The <a href="https://www.realestate.com.au/property-house-nsw-st+peters-130200898" target="_blank">Hutchinson Street property</a> last traded for $810,000 in 2009 when it was an food packaging industrial complex, comprising a car garage, office and small residence attached on its 370 sqm.
Now stands a modern home with a six metre high vaulted ceiling and skylights.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/8/Peters2.jpg" alt="">
The ground level open plan living and dining area opens to a floating deck surrounded in lush tropical greenery.
On this level is a platform bed and a home office.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/8/Peters3.jpg" alt="">
Upstairs is a self-contained two bedroom apartment with a 50 sqm terrace and separate entry.
The home is being marketed by BresicWhitney agents Shannan Whitney and Duncan Grant.
They have a $2 million guide for its February 9 auction.
 
 
 
 
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St Peters trophy warehouse conversion of car garage listed

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Australia’s largest co-living company is opening its biggest property to date in Sydney’s inner suburb of St Peters.
The 82 room building, Hmlet St Peters will open in November 2019.
Since their January 2019 laucnh, Hmlet has sucessfully opened eight properties in Sydney, including locations in Newtown, Marrickville, Petersham and Alexandria.
Located on the corner of 8 Hutchinson St and 29 Applebee St, St Peters, it is situated next to St Peters train station and within 12-minute commute to the city.
The four-storey building, a converte warehouse features original brick walls alongside minimalistic interiors and oversized balconies.
Hmlet members have access to an outdoor space where they can view a pop-up outdoor cinema, surrounded by a fruit and herb garden.
With 82 rooms to choose from across 38 brand new units, members have the option of five different room types starting from $370 per week, inclusive of bills and community events. There is a minimum stay of 3 months.
All units are serviced and furnished.
Founded in Singapore in 2016, Hmlet recently raised $55 million in a Series B round in July 2019 to accelerate growth across Asia-Pacific. The round was led by Burda Principal Investments, with participation from existing investor Sequoia India and new investors Mitsubishi Estate Co, Reinventure Group, and angel investors. 
Co-living is an emerging trend and Hmlet has plans to expand in Melbourne and Brisbane.
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Hmlet opening it's biggest co-living property in Sydney

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A two bedroom St Peters terrace auction was brought forward by a week to sell for $985,000.
It ranked as the second most-viewed property in the country after its listing on realestate.com.au.
Over 180 individual groups came through the home.
The dilapidated 69 Sutherland Street terrace is so run down the selling agent had attendees had sign a waiver to enter at their own risk. 
<img src="https://www.urban.com.au/images/2019/11/8/st%20peters%20.png" alt="">
It has three bedrooms, and sits on a 117 square metre block. It was built in 1979. 
There was an initial $700,000 price guide through RRE Properties’ Michael Michos and Jim Michos who said it sold for $240,000 over reserve.
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The property has missing floors, damaged walls, holes in the ceiling and no indoor toilet - It was marketed as "a blank canvass with great fundamentals."
St Peters's median house price is $1.09 million, however the inner-west suburb has not seen the downturn present in much of the country.
 
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