2 Princess Street Rose Bay, NSW 2029


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Property Description

Presenting an exciting opportunity at the edge of Rose Bay village, this freestanding family home offers versatile options for homebuyers and developers. Explore the potential for creative transformation of the four-bedroom character bungalow set on a 588 sqm (approx.) parcel of land with large back garden, sunny north rear aspect and garage, or use DA approved plans to develop 3 x 3-level townhouses (all with basement parking & storage) and common swimming pool.

Immediately comfortable with unlimited scope to stamp with your own decorative style or renovate and extend (STCA), the house is imbued with character in large rooms with high patterned ceilings, polished timber floors and original fireplace. The generous layout includes a wide entry hall, spacious living area, open-plan dining area, modern gas kitchen, walk-in pantry/storeroom, 4 bedrooms, bathroom (with bath/shower) and study opening to the back garden with separate laundry and second toilet.

The DA approved plans for a new building include:
Unit 1: 2-bed plus study + security parking for 1 car + basement storage (88sqm internal)
Unit 2: 3-bed plus study + security parking for 2 cars + basement storage (142sqm internal)
Unit 3: 4-bed plus study + security parking for 2 cars + basement storage (164sqm internal)
Common swimming pool and poolside cabana

Conveniently positioned in a family-friendly locale between the harbour and Bondi Beach, the property is set in a quiet street close to schools, childcare centres, Rose Bay & Rose Bay North shopping villages, Dudley Page Reserve, coastal walks and bus transport.

+ Character freestanding family home
+ 588 sqm (approx.) land with garage
+ Big back garden with north rear aspect
+ Living area flows to open-plan dining area
+ Kitchen with s/steel gas stove & pantry
+ Wide entry hall, high patterned ceilings
+ 4 bedrooms, 2 w built-in wardrobes
+ Bathroom with shower above bath
+ Separate laundry & adjacent 2nd toilet
+ Timber floors, ceiling fans, r/c air-con
+ Off-street parking for 2nd car in driveway
+ Close to village shops, schools & buses

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