Perfectly located between Balmain Village & Darling Street ferry offering a huge 682sqm block of land with 2 street frontages, this amazing property gives you so many choices.
The beautiful double fronted 1860′s 3 bedroom home has been renovated in a simple, elegant & stylish manner inviting natural light & an open feeling throughout, with generous dimensions & absolute privacy.
From Waite Avenue there is parking for 3+ cars & 5 self contained 1 bedroom apartments currently bringing approximately $70k p.a. gross.
Do you create a private family estate, maintain the apartments for income, subdivide for a second family home or expand the home further while retaining some of the apartments?
Extraordinary & rare.
The Home
Delightful, bright, open & extremely attractive throughout with it’s fully restored double fronted 1860′s origins disguising a contemporary home with high ceilings & hardwood floors, an open kitchen with Ilve appliances, 3 large bedrooms with built-in wardrobes, 2 separate living areas flowing to external decking for indoor/outdoor living; this beautiful home offers absolute privacy in the perfect location towards East Balmain, equidistant from the Balmain Village & Darling Street ferry.
The Apartments
Accessed from Waite Avenue at the rear of the property you will find 5 fully renovated 1 bedroom self contained apartments each approximately 40sqm internal, with upgraded kitchens & restored bathrooms.
Originally built in the 1950′s they are currently generating approximately $70,000 per annum gross income.
The apartments are being offered with vacant possession or fully tenanted as required.
VIDEO LINK Please see our video presentation
FLOOR PLANS There are 2 floorplans to view. PDF versions are available upon request.