286 Sydney Rd, Balgowlah is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1923. The property has a land size of 491m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Balgowlah in the last 12 months.
Opportunity is the keyword here!
Built circa 1923 and on the market for the first time in 45 years - this cottage is still in its original condition and ready for a new lease on life. Whether it's a sympathetic renovation using the existing charming structure or a total redevelopment of the site - this is a once in a lifetime opportunity.
? 488m2 of land - zoned medium density and some development flexibility
This property's prime location and zoning allows for duplex dwellings as of right. If your end goal is to live in or own an investment only 100 metres to the centre of Balgowlah village then plan your next investment or home ownership in this prime location. Many of the high finish new semi-detached residences in the immediate area command around $4,000,000 each. There are many options (subject to council approval).
If the grand old home is here to stay, get some inspiration from the neighbouring property. Built as a 'pigeon pair' and identical original cottage located next door has been architecturally transformed into a beautiful single dwelling family home.
A structural engineer has assessed the original building and the main structure has been given the green light to work with if the original structure is part of the grand plan. If the site is a total redevelopment ? bring your architect and put pen to paper. The ideas and options with this site are only limited by your imagination. The existing floor plan and last residential occupation saw this building work as an upper and lower duplex providing income for its current owners for many years.
Balgowlah has it all! With its proximity to the beaches and yet still close to the Sydney CBD, the property is located next to Balgowlah's fabulous retail precinct, cafes and restaurants and excellent transport connections to the northern beaches, north shore, Manly village and the city.
This property offers a rare chance to build a lifestyle or combine both lifestyle and income in a sought after precinct offering the very best of the Northern Beaches lifestyle.
For further enquiries contact John Smyth from The Madison Agency on 0413 058 000.
The size of Balgowlah is approximately 1.9 square kilometres. It has 12 parks covering nearly 13% of total area. The population of Balgowlah in 2011 was 7,494 people. By 2016 the population was 7,952 showing a population growth of 6.1% in the area during that time. The predominant age group in Balgowlah is 40-49 years. Households in Balgowlah are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balgowlah work in a professional occupation. In 2011, 66.7% of the homes in Balgowlah were owner-occupied compared with 65.8% in 2016.
Balgowlah has 4,341 properties.
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