49 Underwood Street, Paddington
BOUNDLESS POTENTIAL IN SENSATIONAL LIFESTYLE LOCATION
Perfectly positioned between Paddington Five Ways and Oxford Street, this mostly unrenovated Victorian terrace presents an exciting opportunity to purchase in an enviable locale. Offering unlimited potential and enormous scope to create your dream home (STCA), and with dual street access, the property boasts generous proportions across a functional layout and features a spacious formal lounge and dining room, a large sky-lit eat-in gas kitchen, 2 private sunny courtyards and internal laundry with WC downstairs. Upstairs accommodation comprises 4 bedrooms (master with ensuite & balcony) and includes the spacious attic bedroom with city glimpses. Promising plenty of lifestyle appeal and ideal for those keen to update and personalise in an established location. Short walk to William & Oxford Streets. Moments to Five Ways & Queen Street village.
Set on a deep 148sqm block (approx.)Classic Victorian terrace of timeless appealOpportunity to renovate or recreate (STCA)On the market for the first time in 39 yearsGenerous formal lounge and dining roomsPrivate and sunny entertainers' courtyardsOlder style gas kitchen, bathrooms & laundry4 generous bedrooms (3 with private terraces)Spacious master bedroom with ensuite bathroomTimber floors and decorative marble fireplacesEnviable position in convenient lifestyle settingShort walk to Five Ways shops & city transport
Council rates $462pq
Water rates $170pq
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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
