This three level terrace set on sandstone foundations in the Boom-Style of the 1880′s has potential to be reinstated as a private residence, reworked to a luxury set of apartments, or updated to a boutique hotel or commercial backpackers operation (STCA).

Set on a bright north-east corner position the terrace house runs from McDonald Street through to McDonald Lane at the side and rear.

One of only eight north-facing terraces in Potts Point, this property formerly operated as backpacker accommodation with 17 rooms and 36 beds. Reconfigured as a home the property has potential to be reinstated to formal living and dining areas, five bedrooms, two studies, four bathrooms and an enormous kitchen with casual living /dining area to the side and rear courtyards.
The scale, proportions and detailing of the terrace are rarely found in the inner east. Inscribed in the parapet “Greta”, this terrace sits proudly on the north east position in a row of three terraces (“Greta”, “Clio” and “Jersey” respectively) in a leafy cul-de-sac off Macleay Street. The name “Greta” is repeated in the original, hand-painted, stained-glass fanlight above the cedar entry door. Imbued with a sense of grandeur the property has retained wide hallways, an impressive cedar staircase, colonnaded archway and four metre high intricately corniced ceilings.

With immense scope to personalise through renovation this property is a once-in-a-generation opportunity to secure a landmark terrace in Sydney’s chic Potts Point close to boutique shopping, excellent restaurants and a short walk to the Harbour and CBD.