SOLD
RECENT ADVICE
Sold on 28 Oct 2024 for $1,100,000

3/2 Ballantyne Street
Mosman NSW 2088

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 66m2
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Property Details for 3/2 Ballantyne St, Mosman

3/2 Ballantyne St, Mosman is a 2 bedroom, 1 bathroom Unit and was built in 1965. The property has a floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Mosman in the last 12 months.

Building Type
Unit
Year Built
1965
Floor Size
66m2
Local Government
Mosman

Last Listing description (October 2024)

Buona Flats - 1930's Arts & Crafts Style and Grace

This boutique building of four units is super conveniently located beside Memory Park and moments away from Avenue Road shops, cafes and bus to Mosman Bay ferry.

Positioned on the first floor overlooking parklands the rooms retain many original features such as high patterned ceilings, stained glass windows, and picture rails blended with thoughtful updates such as the bathroom with shower over bath and modern amenities.

Flooded with natural light and offering two generous bedrooms both with fitted built in robes and the main bedroom opening to a classic sunroom/home office.

The eat in kitchen is generous in size and while practical now, it still allows you to add your own touches. There is an adjoining storage area with rear door to the rear stairs. The stairs lead down to a shared laundry with Unit 4 only and out to your own garden area with clothesline and a gate into Memory Park. The apartment is approximately 82m2 in size.

Mosman is renowned for its vibrant community and upscale lifestyle. Enjoy leisurely strolls to nearby parks, and take advantage of the proximity to pristine beaches. The area is also home to exceptional dining options and boutique shopping experiences, ensuring that everything you need is just moments away. Local schools, such as Mosman High School and Mosman Public School, are also within easy reach, adding to the appeal of this coveted location.

Please note: ownership of this unit is held as a 25% share of the building as a tenant in common with 3 other unit co-owners who each respectively own 25% shares as tenants in common. A co-ownership deed sets out the rights and responsibilities of each owner. The unit is not under strata title or company title. Some features of the building have some heritage significance.

It should be noted that:
(a) The building is self-managed by the owners:
(b) The building has no shared bank account;
(c) There are currently no quarterly levies paid by the owners;
(d) There are no formal records of any meetings;
(e) Common expenses are currently shared equally between four owners;

A copy of the Deed of Agreement is in the Contract of Sale and is available on request after inspection. Prospective purchasers should obtain their own independent legal advice about the ownership structure.

Disclaimer: Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries.

Property History for 3/2 Ballantyne St, Mosman, NSW 2088

A timeline of how this property has performed in the market
Last Sold
$1,100,000
28 Oct 2024
Listed for Rent
29 Jul 2019
  • 28 Oct 2024
    Sold for $1,100,000
  • 25 Sep 2024
    Listed for Sale FOR SALE GUIDE $1,185,000
  • 08 Jul 2019
    Listed for Rent - Price not available
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About Mosman 2088

The size of Mosman is approximately 8.7 square kilometres. It has 45 parks covering nearly 29.6% of total area. The population of Mosman in 2011 was 27,452 people. By 2016 the population was 28,491 showing a population growth of 3.8% in the area during that time. The predominant age group in Mosman is 40-49 years. Households in Mosman are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mosman work in a professional occupation. In 2011, 63% of the homes in Mosman were owner-occupied compared with 62.8% in 2016.

Mosman has 15,914 properties. Over the last 5 years, Houses in Mosman have seen a 49.58% increase in median value, while Units have seen a 28.02% increase. As at 31 October 2024:

  • The median value for Houses in Mosman is $5,727,238 while the median value for Units is $1,467,886.
  • Houses have a median rent of $1,750 while Units have a median rent of $750.
There are currently 68 properties listed for sale, and 74 properties listed for rent in Mosman on OnTheHouse. According to CoreLogic's data, 624 properties were sold in the past 12 months in Mosman.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.