2 Glen Street, Paddington

3 1 1 House
Sold

DECEASED ESTATE, BIG BLOCK, LARGE PROPORTIONS & EXCITING POTENTIAL

Presenting a superb blank canvas opportunity, 'Glendaruel' is an extremely spacious three-storey terrace offering a great chance for those with creative vision and determination. The deceased estate has been well preserved over the years, and sits proudly on an extra-large corner block at the end of a row of grand Victorian homes, directly opposite Dillon Street Park.

Renovators, investors and developers will all appreciate the fantastic location that offers easy access to the Five Ways café scene and local restaurants in the heart of Paddington. This is a truly unique property perfect for those looking for a real estate project that will bring enormous value in the future. Update, renovate or completely transform - the possibilities are endless.

Dual street frontage with secure carport accessed from Stephen StreetAn ultra-private north-facing garden with plenty of space for outdoor entertainingA generous and versatile tri-level layout just waiting for a buyer with imaginationSeparate lounge and dining areas with high ceilings and original fireplaces3 upper-level bedrooms, two with an ornate fireplace and private balconyThe oversized main bedroom opens onto a wide front lacework terraceFunctional kitchen, full main bathroom, a basement laundry and extra WCRare opportunity to acquire a large Paddington terrace and renovate to suit

Property Information

  • Council Rates $316.60/quarter
  • Water Rates $581.13/quarter

Property Features

  • Garages 1

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Warren Davis
Licensed Real Estate Agent
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Suburb Guide

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
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