10/20-22 Waratah St, Rushcutters Bay is a 3 bedroom, 1 bathroom Unit and was built in 1925. The property has a land size of 746m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
Perfectly positioned footsteps from harbourside Rushcutters Bay Park, this spacious apartment features a north-facing balcony and original interiors with renovation potential to create something truly magnificent. Owned by the same family for more than 50 years, it occupies the prized north-west corner on the second floor of 'Park Lane Mansions', a c1917 landmark security strata building set in a tree-lined one-way avenue bordering Reg Bartley Oval. Quiet and filled with sunshine, the apartment has a generous floorplan featuring large rooms with high ceilings, beautiful timber flooring, deep skirting boards and wide sash windows. Off the central foyer are a living room, huge main bedroom, 2 more bedrooms, bathroom (with shower above bath) and eat-in kitchen with walk-in pantry and adjacent sunroom with laundry facilities. The living room, main bedroom and 3rd bedroom, all open onto the north-facing balcony.
Originally designed as a verandah, the sunroom off the kitchen could be reinstated and opened to the outdoors similar to other apartments in the building. With an elegant faade, well-maintained interiors and beautiful Art Deco lift, 'Park Lane Mansions' is conveniently situated close to city buses, and a short stroll to cafes at Elizabeth Bay and restaurants at Rushcutters Bay and Potts Point.
- Wide covered balcony, north aspect
The size of Rushcutters Bay is approximately 0.2 square kilometres. It has 1 park covering nearly 21.3% of total area. The population of Rushcutters Bay in 2011 was 2,371 people. By 2016 the population was 2,550 showing a population growth of 7.5% in the area during that time. The predominant age group in Rushcutters Bay is 30-39 years. Households in Rushcutters Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rushcutters Bay work in a professional occupation. In 2011, 36.6% of the homes in Rushcutters Bay were owner-occupied compared with 32.5% in 2016..
Rushcutters Bay has 2,329 properties. Over the last 5 years, Houses in Rushcutters Bay have seen a -30.58% decrease in median value, while Units have seen a 11.66% increase. As at 31 October 2024:
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