This is a house on a parcel in 14/DP66556 Pyrmont NSW. Data from comparable sales value it at about $1,790,000. Built in 1850, featuring 2 bedrooms and 2 bathrooms.
Sandstone cottage in historic Union Square An iconic part of Sydney's landscape, this renovated sandstone cottage presents a unique investment opportunity. Fusing heritage details with modern appointments, the original home spans across three comfortable levels plus there is a separate studio at the rear. Currently earning an exceptional rental income on Airbnb, its flexible B2 zoning allows for mixed residential and commercial usage. With high pedestrian exposure in Pyrmont's bustling village square, the main cottage can operate as a retail store or professional offices. Or indulge in a vibrant Inner City lifestyle whilst still renting the back studio. The cottage also provides scope for an extension across all three levels (STCA), the possibilities are truly endless. - 124sqm block, 5.77m wide frontage, 7.11m wide at rear- Desirable B2 zoning for commercial &/or residential use- Separate studio, home office or additional accommodation- Open-plan lounge and dining with seamless flow to balcony- Main King-size bedroom with built-in robes & 2nd balcony- Picturesque eat-in kitchen equipped with European appliances - North-facing sundrenched courtyard perfect for entertaining - Ensuite bathroom with bathtub, internal laundry- Large 2nd bed/studio with walk-in robe & modern ensuite- Space to install a small kitchenette in front alcove of studio- Scope to extend cottage back across all levels (STCA)- Hardwood floors, sandstone inside & out, many c1850 details intact- Currently operating as 2 x Airbnb rentals with strong yields- Renovated sandstone residence w/ parking permits available - Conveniently located in the heart of Pyrmont, moments to CBD- Stroll to cafes, The Star Casino, light rail, and the Queen Victoria Building - Rates: Water $199pq, Council $375pq (Both approx.)Contact Matthew Carvalho 0404 006 744Jason Ballo 0414 467 700