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51 Palace Street

Ashfield NSW 2131

4
1
3
0 m²
696.77 m²
House
Currently for sale - view listing

Overview

Character Home on Expansive Clear Block with Outstanding Future Potential

Auction Location: On-Site Offered for the first time in 70 years, this original character residence presents a rare opportunity to secure a substantial clear parcel of land in one of Ashfield's most convenient and tightly held pockets. Set on approximately 696.77sqm with a wide 15.24m frontage and valuable rear lane access, the property is all about location, land size and future potential. Importantly, the property is a clear block with no heritage or conservation restrictions, providing buyers with outstanding flexibility for future renovation, extension or redevelopment potential (STCA). The existing home retains charming period features including ornate ceilings, leadlight windows and original fireplaces, while offering four bedrooms, separate living spaces and off-street parking via the side driveway and carport. The residence does require updating to live in comfortably, however it provides the perfect foundation for those looking to create their dream home in a convenient Inner West setting. The generous rear yard and rear lane access further enhance the property's appeal, opening the door to a range of future possibilities for owner-occupiers, builders, investors or developers alike (STCA). Positioned within walking distance to Ashfield Train Station, Ashfield Mall, Three Tomatoes Café, Ashbury Public School, Pratten Park and Peace Park, it is also within close proximity to Trinity Grammar School. The home enjoys outstanding lifestyle convenience with easy access to schools, transport, parklands and local village amenities. A rare opportunity to secure a substantial clear block in a highly sought-after Ashfield location offering endless potential for the future.

Features

4 bedrooms
1 bathroom
3 carspaces
3 open car spaces
0 m² floor area
696.77 m² lot size
House

Happy sellers in Ashfield

88%
88% of sellers in Ashfield reported that their sale price either exceeded or met their price expectations.

Ashfield stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 224 reviews in Ashfield over the last 12 months.

Local market activity for 4 bedroom houses in Ashfield

In the last 12 months, 24 four-bedroom houses similar to 51 Palace Street, have been sold.

This represents a 21% increase in four-bedroom houses sales when compared to the previous 12 months.

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