172-174 New Canterbury Road, Petersham.
REDEVELOP OR RESTORE - 923SQM BLOCK (R1 ZONING)
"HAZELBROOK" - Rear Access via Allans Avenue A dress circle location, 923sqm of level land and vast untapped potential is a combination so rare it's unlikely to be repeated in this premium Inner West pocket. Originally built by a prominent surgeon and on the market now for the first time in decades, this palatial family home invites an abundance of possibilities to lovingly restore to its original grandeur or redevelop and capitalise on a prime position. Preserving a host of characteristics from its c1915 origins, the historic 'Hazelbrook' combines timeless family comfort with an inspiring outdoor sanctuary enjoying rear lane access. The interiors are impressive, presenting soaring pressed metal ceilings, six ornate fireplaces, bay windows, leadlight Art Nouveau glass windows and decorative chandeliers. There are seven large-scale bedrooms, including a master suite with ensuite, walk-in robe and balcony, two additional bathrooms, multiple living spaces, an attic space and a spacious country-style eat-in kitchen. The size of the block is where the true value of this property lies, it is spread over multiple lots with two street frontages and access via Allan's Ave. There are rolling park-like grounds, a swimming pool, cabana, large storage shed or workshop and parking for five vehicles. Suited to either a buyer wishing for a forever family home, steeped in history, or a developer seeking a rare 923m2 block (R1 zoning) with great development possibilities, this is a truly unique property offering that will bring enormous value in the future. Renovate, rebuild or develop the double block - the possibilities are endless. Features include: * Set on a 923m2 allotment with two street frontages * Excellent development potential with R1 zoning (Possible uses (STCA) include: Bed and breakfast accommodation, Boarding houses, Childcare facilities, Multi-dwelling housing, Residential flats etc.) * Ornate period features * Seven bedrooms (including a master suite with ensuite, walk-in robe and balcony) * Multiple living spaces * Three bathrooms * Spacious eat-in kitchen * Large attic space offering additional storage * Expansive park-like grounds, swimming pool with cabana, storage shed/workshop at the rear * Off-street parking for 5 vehicles * Dress circle location moments from Petersham Public School, Trinity Grammar School, Newington College, Royal Prince Alfred Hospital, public transport, Petersham Park and Petersham village
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Smack-bang in the middle of the inner-west, Petersham is one of Sydney’s newest dining and drinking destinations. It’s not as flashy as its neighbours, but that’s part of its charm. For years, locals lapped up everything the suburb had to offer. Now, the rest of us are learning what it’s all about – community, energy and really good food.
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