Sold October 2016

43 Macdonald Street Erskineville 2043 NSW

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5 2 2
Sold for $2,210,000

Development opportunity with DA approval for 2 x 4 bed new homes

Property website: www.43macdonaldstreet.com

In a wonderfully convenient location situated a short walk to Erskineville village cafes, shops and train station as well as King Street, St Peters train station and Sydney Park, this double fronted 240 sqm (approx.) property presents an outstanding opportunity with DA approval to create 2 x 4 bedroom new attached homes.

Currently on the site stands an original 2-storey Victorian residence with a two-storey rear extension. This existing house provides 5 bedrooms, 2 bathrooms, large living room, separate dining room, kitchen, laundry and studio/rumpus at the back opening onto a concrete paved courtyard. At the side of the house is a wide driveway with off-street parking.

The DA approval includes provision to demolish the existing two-storey rear extension of the original Victorian house, the construction of a new two-storey rear wing addition to the original section of the existing house, internal changes to the existing house, landscaping and Torrens subdivision of the property, and the construction of another new terrace-style home.

Certain to appeal to a wide range of buyers, the property presents a brilliant opportunity for builders and developers to capitalise on its prime city fringe location. It also will appeal to home renovators wanting to use the DA approval to build a new home to live in, and retain the other new house as an investment.

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Agent Information

Raine & Horne Newtown

99 King Street
Newtown NSW, 2042
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Raine & Horne Newtown

99 King Street
Newtown NSW, 2042
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