A rare opportunity in one of Petersham's tightly held residential pockets, this substantial double-fronted freestanding residence is offered to the market for the first time in more than 57 years.
Occupying a generous 420sqm parcel on a quiet, wide and tree-lined street, the property presents an outstanding opportunity to restore, renovate or reimagine a character-filled home and capitalise on its exceptional location and versatile accommodation.
The main residence features three bedrooms, separate lounge and formal dining areas and a functional existing floorplan with tremendous scope to create a contemporary family home while retaining its original character.
Adding significant appeal is a separate self-contained one-bedroom studio/granny flat at the rear, complete with its own kitchen, bathroom and independent side access. Ideal for extended family, a home office, guest accommodation or an additional rental income stream, it provides a level of flexibility rarely found in the area.
With a possible combined rental return of approximately $1,300 per week in its current configuration, the property also offers compelling investment potential while plans are considered for its future.
Located approximately 150 metres from Petersham's main shopping precinct, with cafés, restaurants, schools, parks, rail and light rail all within easy reach, this is an increasingly rare opportunity to secure a substantial landholding in the heart of Petersham.
Property Highlights
First time offered to the market in over 57 years
Impressive double-fronted freestanding residence
Generous 420sqm landholding
Three-bedroom main residence in original condition
Separate lounge and formal dining rooms
Self-contained one-bedroom rear studio/granny flat
Studio includes kitchen, bathroom and separate side access
Potential dual-living or home-and-income opportunity
Possible combined rental income of approximately $1,300 per week
Outstanding scope to renovate, restore or personalise
Future value-add potential subject to council approval (STCA)
Ideal for renovators, builders, investors and families
Quiet, wide tree-lined street
Approximately 150m to local shopping and amenities
Close to Petersham's renowned cafés and dining precinct
Convenient access to railway, light rail, schools and parks
A substantial Petersham residence with character, land, flexibility and enormous upside ready for its next chapter.
