54/2-4 Greenknowe Avenue, Elizabeth Bay

1 Studio
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CHARM AND CONVENIENCE - LANDMARK BUILDING

Situated in an elevated position and soaking up the western sun above the surrounding rooftops, this charming studio features high ceilings, floor to ceiling storage and all the features expected of a building of its era. The bathroom has been updated and the kitchen is comfortable with the scope to improve if required. There is a very workable floorplan and a great tenant in place who is keen to stay on (expired lease). The buzz of the cosmopolitan lifestyle that this position enjoys is right at your doorstep. A perfect city edge pied-a-terre.

5th floor position of highly regarded art deco buildingSunny western aspect above the neighbouring rooftopHigh ceilings with storage in the entrywayInternal laundry in bathroom, modern vanity and tubSolid rental asset (currently $395 per week - expired lease)Vibrant lifestyle position in the heart of Elizabeth Bay/Potts Point
Council rates $258.63pq
Levies (including water) $920.05pq

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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