Overview

Discover one of Darlington's most sought-after tree-lined streets, where this classic 5-metre frontage Victorian terrace offers the perfect blend of immediate cashflow and long-term potential. Just moments from the University of Sydney campus (a short walk to lectures, libraries, and vibrant student life), Redfern Station for seamless CBD access, and the buzzing cafés, restaurants, and galleries of Newtown and Chippendale, this location delivers unbeatable convenience in one of Sydney's most dynamic inner-city pockets.

Currently configured as a high-yielding share house, the property generates a strong $2,100 per week in rental income across the main house and two separately self-contained rear studios, ideal for investors seeking steady returns while holding for future upside. The main residence boasts 5 generous bedrooms and 2 bathrooms: ground floor with 2 bedrooms, a full bathroom, and an open-plan kitchen/living/dining area flowing out to a sunny deck perfect for entertaining; first floor featuring the main bathroom with bath and 2 additional bedrooms; plus a spacious converted attic bedroom on the upper level for that extra wow factor.

The rare rear access to the two self-contained studios provides flexible dual income streams, or the savvy buyer could reconfigure the ground floor into a secure lock-up garage for added value and convenience. With tenants on month-to-month leases, there's plenty of flexibility: keep the income rolling while you plan your dream updates, or transition in as an owner-occupier when the time is right.

In classic share house condition, this terrace needs a bit of love to unlock its full Victorian charm—think refreshed finishes, modernised wet areas, and cosmetic enhancements to elevate it to a premium family home or boutique investment. Recent comparable sales in Darlington highlight strong demand for character terraces in this prime position, with values reflecting the area's ongoing appeal to young professionals, families, and investors alike.

Don't miss this rare opportunity in a street that rarely comes to market. Secure income today, build equity tomorrow—contact us to arrange your inspection and make 486 Wilson Street your next smart move.

Location