3 Corfu Street & 10 William Lane, Woolloomooloo, NSW 2011

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Auctioned for $3,330,000 (Aug 18, 2020)

Two residences on two titles, extraordinary potential

Opportunities such as this are extremely rare. Tucked away in a quiet laneway setting and presiding over a substantial 248.2sqm, both with a frontage of 9.4m, these two neat and tidy homes on two titles are being offered for purchase in one line and hold outstanding potential for the city fringe lover or developer. They rest in a B4 mixed use zoning with a development height limit of 22m and a floor space ratio of 2.5 to 1. Please note any future development is subject to council approval.

The wide fronted homes are further blessed with a corner setting with three street frontages and easy accessibility. They are surrounded by luxury family homes and stylish city fringe apartments, giving a hint at what may be possible, plus with the elevation at the rear, adding height could gain superb views. The properties both present very well and are extremely liveable or leasable as is whilst planning is underway or offer the possibility to hold as an investment and landbank for the future.

The 3 bed, 1 bath home and recently renovated 1 bed, 1 bath cottage both spill out to delightful courtyard gardens and include a lock up car space and are private and secure providing an idyllic oasis in a vibrant setting. An urban paradise within walking distance of the pulse of city life, on the cusp of Potts Point and its vibrant night life and popular eateries and steps to the bus, rail and Woolloomooloo Finger Wharf dining. With so much potential, this is a truly rare opportunity!

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Property Info:
  • Property ID: L2976632
  • Property Type: House
  • Garages: 1
  • Land Area: 248.2 sqm