18 Bailey Street, NEWTOWN, 2042, New South Wales

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Subject: 18 Bailey Street, NEWTOWN, 2042, New South Wales

Auctioned

Auctioned

Charming terrace with loads of potential

Property ID: 3493692

Brimming with charm and character, this classic Victorian terrace is perfectly located to enjoy a cosmopolitan Inner City lifestyle, just metres to King Street’s buzzing dining and entertainment hub. Characterised by period features and a leafy north-east facing backyard, it is presented in great condition with potential to make your mark with a contemporary revamp. An excellent buy for the owner-occupier or investor given its strong existing rental returns.

Set on a quiet one-way street, it features separate living and dining areas with polished timber floors, high ceilings, exposed sandstock brick walls and fireplace leading through to a charming eat-in gas kitchen. The second floor accommodates two double bedrooms, one with a fireplace, while an older style bathroom with laundry facilities is positioned at the rear of the property.

Explore the potential to open out the rear for fluid indoor/outdoor living, taking advantage of its sunny aspect and deep entertainer’s courtyard. Enjoy a lifestyle of carefree convenience, easy walking distance to Newtown station, renowned theatres, vibrant restaurants and bistros and eclectic boutique design stores.

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R&H Suburb SummaryHouses
Number of sales 175
Average Price $1,440,296
Median Price $1,450,000
Median Rental Price $750 p.w.
Change in Rental Rate (5yr) 19 %
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