9 Billyard Avenue, Elizabeth Bay

4 2 2 House
Sold

RARE OPPORTUNITY WITH AN ELITE ADDRESS - TREMENDOUS POTENTIAL TO RE-DEVELOP

Tucked away at the end of an exclusive waterside cul-de-sac, this substantial dual level home boasts significant prospects to renovate, re-develop and capitalise. Elevated above street level on 536.7sqm (approx) with water views, the property is one of the last freestanding homes in the area and currently configured as a duplex. It presents an exciting opportunity to reinstate as a contemporary family masterpiece while savvy developers will instantly see the potential for multiple dwellings (STCA). Tightly-held by the one family for 44 years, this elite address is steps from waterside parks and Elizabeth Bay marina plus transport and dynamic village offerings on Macleay Street as well as walking distance to the CBD.

Rare & exciting opportunity to re-develop4 bedrooms & 2 bathrooms in totalSunny north easterly aspect with water viewsGenerously proportioned living & diningEat-in kitchens both with outdoor accessRear & side garden areas, paved terraceEnd of cul-de-sac, secure double garageWalk to transport, shopping & eateries
Council rates: $1560.38pq
Water rates: $355.82pq
Land size: 536.7sqm (approx.)

Co-Agent: Lindsay Sturrock
Laing+Simmons Commercial (Sydney)
M: 0417 415 771

Property Features

  • Carports 2
Suburb Guide

Elizabeth Bay

Just 2km east of the CBD, this picturesque, diminutive harbourside enclave is one of Sydney's most charming, with its elegant architecture reflecting its early heritage. Many Elizabeth Bay properties enjoy spectacular harbour views either back to the city or north across Rushcutters Bay.

As a particularly high-density area, Elizabeth Bay is home primarily to gracious apartments built between the 1920s and '40s. Freestanding homes are rare, but the several that are found here are some prize pieces of real estate, including Billyard Avenue's waterfront Spanish mission residence, 'Boomerang', which once set the record for Australia's highest property price and notably featured in Mission Impossible 2.

During the height of Sydney's urban development prior to the Olympics, a number of local hotels such as The Sebel, The Manhattan and The Gazebo were all redeveloped as luxury apartments to cope with soaring demand for inner city property.

Built between 1835 and 1839, landmark Elizabeth Bay House was designed by the most fashionable and accomplished architect of the day, John Verge, for the Colonial Secretary, Alexander Macleay. Set proudly above Arthur McElhone Reserve overlooking the harbour, it now provides an elegant setting for functions and exhibitions.

While Elizabeth Bay itself has only a local corner store and a couple of funky cafes, it's surrounded by the dining and entertainment meccas of Kings Cross and Potts Point.

Suburb Features

Education

  • Ascham School
  • Double Bay Public School
  • Glenmore Road Public School
  • SCEGGS - Darlinghurst
  • St Vincents College
  • Sydney Grammar Edgecliff Preparatory School
  • Sydney Grammar School

Recreation

  • El Alamein Fountain
  • Beare Park
  • Cruising Yacht Club of Australia
  • Customs House & Haymarket Library
  • Elizabeth Bay House - Historic House
  • Harry's Café de Wheels
  • Kings Cross Library
  • Rushcutters Bay Park
  • Rushcutters Bay Tennis Centre
  • Sir David Martin Reserve
  • Trumper Park

Restaurants

  • Bistro Rex
  • Cho Cho San
  • Elizabeth Bay Cafe
  • Fratelli Paradiso
  • Ms G's
  • The Apollo Restaurant
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