Could be one of the most affordable properties in Palm Beach – to Knock Down or to Renovate? This is one of the worst houses in the best suburb scenario – perfect for ambitious renovators or those looking to do a total rebuild (S.T.C.A).
Located opposite Currawong Avenue at the entrance to Palm Beach, the Yellow House is situated on an elevated block of 809.4sqm with magnificent mature spotted gums and a delightful outlook to Careel Bay.
It has all the renovator’s delights needing major attention. The roof leaks, there is damage to ceilings and floors, the balcony handrails need replacement and more. It has been vacant for an extended period and there is a forest of weeds in the gutters and the down pipes have been filled with roots.
Too much to contemplate? Many people may see this as a perfect opportunity to demolish and start afresh to build a modern residence, taking full advantage of the pleasant outlook, convenient location and potential for capital growth in one of the most desirable postcodes in Sydney.
This truly is a RARE OPPORTUNITY! Do not miss the chance to secure this property with a Palm Beach address!
All measurements are approximate. The information provided has been obtained from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested parties should rely on their own enquiries.
|R&H Suburb Summary||Houses|
|Number of sales||56|
|Median Rental Price||$1,100 p.w.|
|Change in Rental Rate (5yr)||-8 %|
|R&H Suburb Summary||Units|
|Number of sales||3|
|Median Rental Price||$750 p.w.|
|Change in Rental Rate (5yr)||-23 %|