23 Roylston Street, Paddington

3 2 4 House
Sold

NOW READY TO GO!!! - WAREHOUSE - ONCE IN A LIFETIME OPPORTUNITY - ZONED 2(b) - LAND SIZE 607SQM

POSSIBLY THE LAST SITE OF ITS KIND AVAILABLE IN THE AREA

Offered for the first time in 30 years, this enormous corner property is situated on the corner of Roylston & Hampden Sts, in the Trumper Park locality which is now recognized as a hub for interior design suppliers & boutique art galleries mingled with historic terraces & fine residential developments. Recently operating as a prestige wholesale homewares showroom/warehouse with residence above, supplying trend setting & unusual pieces from around the world to notable homes, architects & major hotels, the site , zoned 2(b),is now open to redevelopment for either residential, professional or commercial purposes, subject to Council approval. The ground level currently comprises showrooms, loading dock, storage, kitchen and bathroom facilities, office entry from Roylston St, courtyard area & parking for 4 vehicles. Upstairs, a giant 3 bedroom, 2 bathroom apartment is still in reasonable order, with plenty of outdoor living & entertaining area, and would respond well to an update.

Unique development potential in Trumper Park enclaveVersatile site to suit wholesale, commercial, residential, professionalPopular area for gallaries, architects, interior design & furniture showroomsEnormous Warehouse with residence aboveCorner site, 3 street access, parking for 4 vehiclesZoned 2(b) Suit Residential, Commercial, Retail, Wholesale or Professional (stca)Recently used for homewares Wholesale/ShowroomResidence comprises 3 spacious bedrooms, 2 bathrooms and large living areasLarge indoor/outdoor living & entertaining areas
INFORMATION MEMORANDUM AVAILABLE ON REQUEST.

Council Rates: $1,174.25 pq
Water Rates: $261 pq

LAND SIZE 607 SQM
WAREHOUSE AREA 430 SQM (approx)
APARTMENT AREA160 SQM (approx)

Inspect Saturday & Thursday - 9.30-10.15 am or by appointment
Auction - On Site Saturday 12 May, 2012 at 10 am

Property Features

  • Garages 4

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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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