Unlock the floorspace potential currently locked in this property of approx 356m2. Increase rents substantially, add floors STCA and/or develop later STCA.
DUAL ACCESS WITH DOUBLE GARAGE.
A few doors up from the burgeoning Bronte cafe precinct housing the Three Blue Ducks, Iggys bread and other cool eateries is this solid brick property with a north south aspect on a pretty and generous garden of approx 556m2.
4 x overly generous 1 bedroom apartments with sunrooms, each 81-83 m2 they could also be converted into 2 bedroom apartments or create more 1 bedrooms and increase rents considerably.
Development potential to create luxury apartments and fulfil the hot demand for luxury beachside apartments STCA (zoned R3), create a large family home or keep as is for an ideal investment. Rear access from Chesterfield Lane and existing 2 car garage. Retains many original features such as 3 metre ceilings, architraves, wooden floors and mantelpieces. Upstairs has water views.
440 bus route which runs to the city and approx. 800m to Bronte Beach
Council Rates – $780.62 per quarter
Water – $1008.84 per quarter
Auction Monday 7th of August 6pm Domain Auction House Double Bay