87 Westbourne Street

Petersham NSW 2049

House

Currently for sale - view listing

Overview

A Rare Dual-Income Opportunity with rear lane access

An outstanding opportunity to secure a versatile property in the heart of Petersham, offering exciting potential for investors, owner-occupiers and those seeking to restore a character home. Retaining its charming period façade, this three-bedroom residence presents a unique opportunity, currently configured as two separately approved dwellings, comprising a two-bedroom residence and a separate one-bedroom residence. For investors, the existing configuration offers the potential to generate two independent rental incomes from one property. Alternatively, buyers may explore the opportunity to reimagine the residence as a traditional character terrace, restoring its original charm and creating a beautiful family home. Further enhancing its appeal is valuable rear lane access with off-street parking, a private outdoor courtyard and established gardens. Property Highlights: Three-bedroom residence with two separately approved dwellings Existing two-bedroom and one-bedroom configurations Opportunity to generate two independent rental incomes Alternatively, scope to restore and reimagine as a traditional character terrace Valuable rear lane access with off-street parking Charming period façade and established gardens Private outdoor courtyard Versatile investment and lifestyle opportunity An Exceptional Petersham Location Perfectly positioned approximately 15 minutes from the Sydney CBD, the property enjoys easy access to Petersham's renowned 'Little Portugal' village, Norton Street Leichhardt, Newington College, Stanmore and Petersham train stations, city buses, cafés and everyday amenities. Offering a compelling combination of character, flexibility and future potential, this is an opportunity to secure a versatile Inner West property with multiple possibilities.