3 South Avenue, Double Bay

3 Office(s)
Sold

FOR THE ASTUTE INVESTOR WITH AN EYE FOR CAPITAL GAIN

Right in the hub of Double Bay Village, this appealing 2 storey residence is currently leased as business premises to Coolmore Stud, thereby representing a unique investment opportunity for now with the potential to convert to a home at some later stage if desired. As it stands it provides 5 separate offices (including 2 upstairs, and 1 double which would have been the original living/dining rooms), well equipped kitchen and a spacious board room (family room) opening to a delightful, well protected side deck. In excellent condition throughout, it has a side drive which provides off-street parking for 3 vehicles

Unique commercial/residential investmt
Would easily convert to fine 3br home
Currently leased - GAR $105,000 pa
Convenient location on Village fringe
Lovely front garden with bridge entry
Many original features including f/place
Covered side deck, rear storeroom
Side drive off street parking for 3 cars

Inspect By Appointment

Auction Tuesday 3 March at 6.00pm
Double Bay Auction Centre
20-26 Cross Street, Double Bay

Council Rates $426.44pq approx
Water Rates $171.07pq approx

Property Information

  • Floor area approx 376sqm

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Suburb Guide

Double Bay

Grand Federation homes and charming semis still line the intimate tree-lined avenues of this aesthetically delightful suburb, set alongside contemporary masterpieces and luxurious villas, where taste and discretion are the order of the day.

Woollahra Library at Double Bay is a highlight – reopened in 2016 and is a constant hive of activity with green walls, study rooms, a reading room with a fireplace and even a slippery dip for the children. The revitalised Kiaora Lane is almost like a central shopping hub within that area of Double Bay. There is a buzz in this wonderful hub with restaurants and cafes such as China Diner, Little Jean and Bake Bar popular with the community.

On the shores of Double Bay you'll find sailing clubs, marinas and two boutique beaches, including the gorgeous Redleaf Pool [now called Murray Rose pool]. Just 4km from the CBD, Sydney's top private schools, including Cranbrook, Scot's, Kambala and Ascham are all in the vicinity. An undeniable air of affluence and an international ambience flavour Double Bay, where the perfectly groomed and the well-heeled can be found enjoying its cosmopolitan attractions.

Suburb Features

Education

  • Ascham School
  • Cranbrook School
  • Double Bay Public School
  • Sydney Grammar Edgecliff Preparatory School
  • The Scots College

Recreation

  • Cooper Park & Tennis Courts
  • Double Bay Park
  • Steyne Park
  • Trumper Park

Restaurants

  • Bibo Wine Bar
  • Indigo
  • Little Jean
  • Margaret
  • Matteo
  • Bedouin
  • Matteo
  • Lotus
  • Sake
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