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72 Elizabeth Bay Road
Elizabeth Bay NSW 2011

Bedrooms: 9
Bathrooms: 4
Car spaces: -
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Boutique C1920s Block of Four Apartments Close to Harbour Foreshore

Block of 4 x whole-floor apartments comprising (3 x 2 bed, 1 x 3 bed) with Development Upside (STCA)
A rare opportunity in a premier bayside location, this entire Torrens Title building presents exciting scope for creative modernisation to capitalize on its prized position between cosmopolitan Potts Point village and harbour foreshore parklands at Elizabeth Bay and Rushcutters Bay.
Named Glenbrae, the Spanish Mission style c1920s building retains traditional details including timber wall panelling in the common areas, while the shared rooftop enjoys northerly district views to Garden Island and the harbour. With each apartment currently rented, the building has an income stream of approx. $134,000 per annum gross.
Bring your architect, designer or builder to explore the potential of this building including its conversion to a luxury four-level residence STCA. Ultra-convenient enclave just footsteps to cafes and buses, 300m to weekend markets in Fitzroy Gardens, 350m to Macleay Street's shopping/dining scene and 600m to Kings Cross train station.
FEATURES:
• Spanish Mission style c1920s security building
• Torrens title building, 4 whole-floor apartments
• 3 x 2 bed apartments and 1 x 3 bed apartment
• Rooftop with views to Garden Island & harbour
• North rear aspect and elegant original facade
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Property Details for 72 Elizabeth Bay Rd, Elizabeth Bay

72 Elizabeth Bay Rd, Elizabeth Bay is a 9 bedroom, 4 bathroom BlockOfUnits. The place is currently for sale with Ray White The Woollahra Group - Woollahra.

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BlockOfUnits

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About Elizabeth Bay 2011

The size of Elizabeth Bay is approximately 0.2 square kilometres. It has 5 parks covering nearly 10.8% of total area. The population of Elizabeth Bay in 2011 was 5,093 people. By 2016 the population was 5,222 showing a population growth of 2.5% in the area during that time. The predominant age group in Elizabeth Bay is 30-39 years. Households in Elizabeth Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elizabeth Bay work in a professional occupation. In 2011, 38.5% of the homes in Elizabeth Bay were owner-occupied compared with 36.1% in 2016..

Elizabeth Bay has 4,713 properties. Over the last 5 years, Houses in Elizabeth Bay have seen a -18.12% decrease in median value, while Units have seen a 21.02% increase. As at 30 November 2024:

  • The median value for Houses in Elizabeth Bay is $3,452,539 while the median value for Units is $1,145,713.
  • Houses have a median rent of $670 while Units have a median rent of $690.
There are currently 7 properties listed for sale, and 17 properties listed for rent in Elizabeth bay on OnTheHouse. According to CoreLogic's data, 240 properties were sold in the past 12 months in Elizabeth bay.

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Kevin Fine
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Ian Campbell
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Ray White The Woollahra Group - Woollahra
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