18 Ward AvenueRushcutters Bay NSW 2011
Property Details for 18 Ward Ave, Rushcutters Bay
18 Ward Ave, Rushcutters Bay is a 4 bedroom, 3 bathroom House. The property has a land size of 391m2. While the property is not currently for sale or for rent, it was last sold in May 1991.
Last Listing description (August 2023)
'Oakleigh' Grand Victorian Italianate Residence With Early C20th Addition On Approx. 380sqm Land
A rare opportunity with multiple possibilities, 'Oakleigh' is an exceptional property comprising a freestanding Victorian Italianate three-level villa built in the 1880s as a gentleman's residence and connected by rear verandahs to a wing added during the 1920s. A cherished home owned by three generations of one family since 1963, 'Oakleigh' is ready for renovation and adaptive to a wide range of sectors including owner occupiers, creative arts, medical professionals, hospitality, investors, heritage property developers and serviced apartments STCA.
Perfectly positioned on the edge of Potts Point with a short stroll to harbourside Rushcutters Bay Park, the property occupies 380sqm (approx.) land with a 13.56m (approx.) frontage, established gardens with magnolias, and parking for two cars. Retaining original architectural detailing with acanthus motifs, the residence has an elegant facade with iron lace verandahs, while the interiors feature grand rooms, soaring ceilings, wall friezes, Kauri floors, fireplaces, cedar staircase and a belvedere.
During the early 20th century, the Italianate residence's interiors were altered to include a kitchen on each of the three levels, while the rear addition of an L- shaped brick building includes 12 rooms with kitchenettes. Brimming with potential, the property will appeal to those looking to secure an exciting renovation project in an urban lifestyle location close to cafes, dining, shopping and bus/train transport.
Features:
- Adaptive for versatile usage with multiple possibilities STCA
- 380sqm (approx.) land with 13.56m (approx.) street frontage
- Italianate c1880s residence and c1920s wing
- Both three-level buildings connected by timber verandahs
- Residence with elegant facade and iron lace verandahs
- Grand rooms with soaring ceilings and ornate wall friezes
- Kauri floors, cedar staircase, fireplaces and a tower room
- Interiors include 3 kitchens, 3 bathrooms, 3 separate toilets
- Storerooms on each level; laundry accessed via the garden
- Early c20th addition includes 12 rooms with kitchenettes.
- Leafy front garden with spear point iron fence and gates
- Garden features 2 x mature Magnolia Grandiflora trees
- Off-street parking for two cars in gated side driveway
- 50m to cafe and dining scene on Bayswater Road
- 250m to Fitzroy Gardens and Macleay Street bistros
- 250m to supermarkets, city buses and train station
- 600m walk to harbourside Rushcutters Bay Park
Co-agent:
Sydney Sotheby's International Realty
Giorgio Koula - 0417 224 341
Daniele Onofaro - 0401 335 144
Property History for 18 Ward Ave, Rushcutters Bay, NSW 2011
- 18 Aug 2022Listed for Sale For Sale - Inspect by appointment this Saturday
- 14 Oct 2021Sold
- 12 Mar 2021Sold
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About Rushcutters Bay 2011
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 2,331 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:
- The median value for Houses in Rushcutters Bay is $2,202,162 while the median value for Units is $999,752.
- Houses have a median rent of $510 while Units have a median rent of $595.
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