Occupying a substantial 591sqm parcel with a wide 13.9m frontage, this solid double brick block of three apartments to be sold-in-one line represents a rare and exciting opportunity for homebuyers, multiple family living, investors and developers alike. Offered for the first time in an incredible 75 years, it presents exceptional scope for multiple family living, knock-down and rebuild for dual occupancy or recreate a brand-new family dream home (STCA), or update and keep as is providing inter-generational living.
A prime development prospect with wide 13.9m frontage - see SEPP Housing Amendment (Dual Occupancy and Semi-detached dwellings enacted in July 2024, 12m frontages for dual occupancies, 400m2 minimum block-source NSW Government websites.
The building currently comprises one x 4 bed, one x 3 bed and one x 1 bed apartments, all with their own private entrances plus a triple lock-up garage.
Total living area approx, per apartment 1- 94sqm, apartment 2- 132sqm, apartment 3 - 55sqm
Explore the potential to capitalise on this prized location, minutes to Vaucluse and Rose Bay North villages, Harris Farm, Coles, shops and caf?s plus, enjoying easy access to harbour beaches and prestigious schools.
Property Features:
- Solid brick and tile home on 1 title - comprising 3 apartments
- Lower level three-bedroom, rear one-bedroom apartment
- Upper-level four-bed apartment with balcony and ocean views
- All apartments with private entrances
- Neat gas kitchens, original bathrooms, external laundry
- Triple lock-up garage, sunny backyard, fragrant gardens
- Potential to rebuild brand-new family dream home (STCA)
- Excellent investment opportunity promising strong return
- Walk to beautiful oceanfront parklands, popular caf?s, buses
- Minutes to Vaucluse and Rose Bay villages and prestigious schools