2/3 Oak Lane Potts Point, NSW 2011

Sold $350,000

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Property Details

Property Description

Tucked away in one of Potts Point’s most sought-after pockets, between Wylde Street and Woolloomooloo Wharf, this original Art Deco studio offers a prime opportunity in a quiet laneway enclave with the pulse of downtown Sydney at your fingertips. Secluded to the quiet rear of the secure Green Gables, a gorgeous boutique block of only 12, the well-sized studio presents a prime canvas for renovation with a private side entry and access to a courtyard. With scope to create a stylish city pad, the location is unbeatable offering the renovator or investor a superb opportunity to capitalise on its unrivalled position and superb potential. A massive highlight of this original harbourside gem is access to a common rooftop terrace with panoramic views across the harbour and Woolloomooloo Bay to the bright lights of the city taking in the Opera House and Harbour Bridge. Stroll to Macleay Street’s fashionable village hub, take the nearby McElhone Stairs down to Finger Wharf’s celebrated dining scene or walk through the Domain to the CBD.

+ Secluded inner city laneway setting
+ Green Gables, a secure block of 12
+ Gorgeous entry, quiet rear position
+ First time offered for sale in 40 years
+ Original condition, ready to recreate
+ Requires extensive renovation works
+ Superb layout with a separate entry
+ Gas kitchen, bathroom with a bath
+ Timber floors and classic high ceilings
+ Sunroom ideal as a dining area
+ Shared rooftop with spectacular views
+ Common laundry and drying area
+ Exceptional value, enormous potential
+ Prime location, 1.5km to the CBD
+ Ideal city pad with high rental demand
+ Total Area: 28sqm approx

Company Title Rates: $784.25 per quarter
(includes water rates)
Council Rates: $277.10 per quarter

Building Manager
Sydney Company Title Management Ph: 1300 889 227

Disclaimer: We have been provided with the above information, however, Laing+Simmons gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.

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