OFF MARKET

174 New Canterbury Road
Petersham NSW 2049

Bedrooms: 7
Bathrooms: 3
Car spaces: 5
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Property Details for 174 New Canterbury Rd, Petersham

174 New Canterbury Rd, Petersham is a 7 bedroom, 3 bathroom House with 5 parking spaces.

Building Type
House
Local Government
Inner West

Last Listing description (May 2021)

"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

Property History for 174 New Canterbury Rd, Petersham, NSW 2049

A timeline of how this property has performed in the market
  • 08 Apr 2021
    Listed for Sale SOLD

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About Petersham 2049

The size of Petersham is approximately 1.3 square kilometres. It has 6 parks covering nearly 5.5% of total area. The population of Petersham in 2011 was 7,529 people. By 2016 the population was 8,114 showing a population growth of 7.8% in the area during that time. The predominant age group in Petersham is 30-39 years. Households in Petersham are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Petersham work in a professional occupation. In 2011, 49.8% of the homes in Petersham were owner-occupied compared with 47.3% in 2016.

Petersham has 5,082 properties. Over the last 5 years, Houses in Petersham have seen a 40.40% increase in median value, while Units have seen a 11.07% increase. As at 31 October 2024:

  • The median value for Houses in Petersham is $2,102,569 while the median value for Units is $824,691.
  • Houses have a median rent of $790 while Units have a median rent of $615.
There are currently 20 properties listed for sale, and 41 properties listed for rent in Petersham on OnTheHouse. According to CoreLogic's data, 188 properties were sold in the past 12 months in Petersham.

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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.