40 Gipps Street, Paddington

Sold at Auction

Exciting Potential In A Fashionable Village Hotspot, A Blank Canvas Ripe For Reinvention

Original homes in this fashionable village pocket are increasingly sought-after and this classic weatherboard cottage presents a unique opportunity for creative transformation. Be inspired by neighbouring homes and explore the potential to revamp or recreate capitalising on its dual level layout and prized setting just behind the buzz of Oxford Street. Presenting enormous scope to add value, the two-bedroom home opens to a sunny north-facing courtyard and offers potential for an upper level extension (STCA). Footsteps to a world of arts, fashion and entertainment, the property features rear pedestrian access to Elfred Street and is just 3km to the CBD. Stroll to Glenmore Road's fashion hub and Five Ways cafes and restaurants.

- Original weatherboard cottage
- Quiet street in the village heart
- Classic charm, loads of character
- In need of complete renovation
- 2 levels with a north to rear aspect
- 2 bedrooms with dormer windows
- Separate living and dining rooms
- 2-way sandstock brick fireplace
- Kitchen opens to a covered deck
- Sunny north facing rear courtyard
- Separate laundry and storeroom
- Secure rear lane pedestrian access
- Stroll to theatres and galleries
- 100m to city buses on Oxford Street
- Walk to RHW Park and Five Ways
- Resident parking permit (subject to Woollahra Council eligibility)

Water Rates:$285.22 Quarterly
Council Rates:$392.72 Quarterly