THE DEAL
Situated in one of Paddington's most tightly held cul de sacs, 6 to 8 Seal Street offers a rare opportunity to secure 630 square metres of elevated inner city land in a pocket where quality sites are almost never released. With its panoramic mountain outlook, peaceful position, and immediate proximity to Paddington's lifestyle precincts, this address presents genuine versatility for owner occupiers, builders, and investors alike.
Currently configured as three self contained units, the property sits in an elevated position that captures natural light and breezes throughout. This provides solid holding income while you plan your next steps.
A current Development Approval allows for the demolition of the existing dwelling and the construction of a brand new architectural home. This gives the incoming purchaser exceptional freedom. You can renovate and retain what is here, lease and land bank, or build a landmark residence subject to council approval in a street lined with high end homes and character properties.
Seal Street is one of Paddington's most desirable pockets. It is quiet, leafy, and elevated, yet only moments from Latrobe Terrace and Rosalie Village. Cafes, boutique shopping, grocers, and transport options are all close by, while families benefit from access to leading schools including Ithaca Creek State School, Stuartholme School, and Brisbane Grammar Schools.
Substantial landholdings of this scale, with an existing home and an approved Development Approval, are exceptionally rare in Paddington. This is a suburb defined by strong demand, limited supply, and long term growth.
Unit 1 - $550p/w
Unit 2 - $750p/w
Unit 3 - $360p/w
Total: $1,660 p/w - $86,320 annually.
SEALS THE DEAL
A rare landholding in a cul de sac that buyers wait years for.
Disclaimer
This property is being sold by auction and/or without a price guide. The website may have filtered the property into a price bracket for website functionality purposes.
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
