Grand 1940's duplex on 548 sqm, zoned R3 and suitable for redevelopment
To be sold in one line, this grand 1940's duplex building creates an incredible opportunity to either transform into a single home, or utilise its dual living capabilities as is, for extended family.
Investors will also love this opportunity, renting out the two units now, and for future redevelopment. The block is 14.6m wide, and located within 800m of the Cremorne Town Centre, with Floor Space Ratio of 1.5:1, max height of 17.5m, or four storeys for units. (affordable housing has not been assessed). Block width also makes the property ideal for terrace houses.
The radiant top floor reveals modernised interiors with access to a lush private backyard. The ground floor offers further potential, and has exclusive access to an idyllic north facing front garden. Set in a quiet street, this property is a short stroll to Middle Harbour Public School, shops and cafes, local and city bound buses.
- Identical layouts reveal large comfortable lounges and separate dining rooms
- Both have three bright bedrooms, some with built-in robes, masters with terraces
- Contemporary fully tiled bathrooms, high ceilings and gorgeous private gardens
- Top floor features modern kitchen with ceramic cooktop and ample storage space
- Ground floor kitchen awaits update, connects to dining room for easy entertaining
- Long driveway to lock-up garage, private external access to both apartments
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