Sherryl Dobbie presents one of the area’s original turn of the century residences originally owned by one of the founding families of The Gap.

Consisting of 6 bedrooms, 2 kitchens, 3 bathrooms and 3 spacious living areas, the home is currently being used as a student hostel with an income of $640 per week. The opportunity exists to increase this figure. The home also has an elevated rear deck, double garage, solar hot water, ample storage and extra parking available.

There are just so many options here:

The property has the ideal layout and aspect to create your dream home. With original timber floors and VJ’s plus great bones, the home would come to life with a cosmetic makeover.

Downstairs is fully self-contained with its own separate entry – perfect for working from home.

There is a brilliant opportunity to reap the rewards of the Development Approval for the astute investor:

Possibly subdividing the 888sqm block and building two new houses (architect plans available)

Alternatively, moving the current home over, renovating this and then building a new home on the other side.

Or simply continuing with student accommodation (all rooms are fully equipped and the property has been approved for student accommodation)

Sustainability Declaration may be viewed at Harcourts Inner West or at an Open for Inspection.

If you wish to view this unique property, please don’t hesitate to call Sherryl Dobbie on 0439 030 994.

Please contact the Sales Consultant to view a copy of the Sustainability Declaration for this property.