5 Albert Square, Paddington
DECEASED ESTATE - ORIGINAL UNRENOVATED TERRACE IN QUIET CUL-DE-SAC LOCATION
A fantastic opportunity in a prime location, this completely original two-storey terrace presents exceptional potential to add value and capitalise in a wonderfully convenient locale. Offered to the market for the first time since records have been kept, original interiors present exciting scope for a contemporary transformation (STCA). Essentially a blank canvas as is, the property is set on a 107sqm approx. block with 4.3m approx. frontage. Promising plenty of lifestyle appeal, perfectly positioned just 100m from William Street boutiques, cafes and restaurants. With close proximity to Oxford Street, its also an easy stroll to Five Ways and Queen Street village.
Huge scope to capitalise and add valuePeaceful and exclusive cul-de-sac positionCompletely unrenovated/ untouched interiorsRare opportunity to create your dream homeTimber floors and high ceilings throughoutLarge rooms and sunny rear courtyard gardenPerfectly positioned just 100m from William StreetMoments to shops, cafes, bus and city transport
Council rates $414pq
Water rates $199pq
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Paddington
Just 3km from the CBD, quaint and charming Paddington is one of Sydney's best-known suburbs. It's renowned primarily for Oxford Street, the vast boulevard which runs north to south through the entire suburb and is one of Sydney's premier shopping destinations.Lined with interesting boutiques, high-street shops and eclectic specialty stores, it's also the home of the Paddington Markets, held every Saturday in Paddington Primary School. Glenmore Road (The Intersection with Oxford Street), William Street and Five Ways have also emerged as world-class shopping strips, and it's here that you'll find some of the city's most fashionable boutiques.Paddington is famous for the ornate Victorian terraces which dominate almost every one of its meandering streets. Still quite working class up until the late '80s, Paddington's rapid gentrification saw these formerly rundown residences snapped up and renovated at a rate of knots, with the high demand sending prices skyrocketing into the million dollar stratosphere.
Paddington plays host to a vast array of revered galleries, including the famed Sherman Galleries, which congregate primarily around Glenmore Road and the prestigious tree-lined boulevard of Paddington Street.
It's well-known for its pub culture, with traditional hotels such as The Royal, Bellevue, The London and The Paddington Inn offering great pub food at reasonable prices. A firm favourite among trendy inner city types and executives, Paddington's increasingly high prices mean that the affluent have a firm foothold on the suburb.
Suburb Features
Education
- Glenmore Road Public School
- Paddington Public School
- St Francis of Assisi School (Primary)
- Sydney Boys High School
- Sydney Grammar Edgecliff Preparatory School
- UNSW Art & Design College
Recreation
- Centennial Park Summertime Moonlight Cinema
- Chauvel or Verona cinemas
- Paddington Library
- Paddington Markets
- Paddington Reservoir Gardens
- Royal Hospital For Women Park
- Sydney Cricket & Sports Ground Trust - Stadium Fitness Centre
- Sydney Cricket Ground
- Sydney Football Stadium
- Trumper Park Oval
- The Palms Tennis Centre
- Victoria Barracks and Army Museum
Restaurants
- 10 William
- Barbetta
- Buon Ricordo Ristorante
- Chubby Cheeks
- Cipri Italian
- Freds
- Paddington Inn
- Royal Hotel Paddington
- Saint Peter
- Tequila Mockingbird
- Ursula's Paddington
