The process of gentrification has arrived in Hilton Terrace big-time, with a pattern of high value sales and offerings under-pinning what the locals had known for ages that this area had been overlooked. We all knew that Hilton Esplanade was a sleeping giant but had been awoken some years ago, but this slipped under the radar until last year. The proof is there to be seen in the sales data, and this property offers the best opportunity in some time, a corner double site with 2 street frontage, but with the strong possibility to reverse the access from Hilton Terrace to the preferred Sydney St side, by virtue of a boundary re-alignment or lot re-configuration.
Both lots can have river views, and the land is perfectly flat. We still have the original title deeds from 1961 with the size in perches!
It has been in the same family for over 50 years.
The existing home is very sound, and has had extensive work done over the years to keep it that way, new roof etc.
It has years of life left in it and will continue to provide a holding income should you be taking a longer term view to realising the property's full potential. It is currently rented on a periodic tenancy but we have no doubt we can keep it rented for you on a permanent lease should you prefer.
The proximity to all that the riverfront precinct has to offer is obvious.
This is probably a once in a lifetime opportunity now to acquire such a site, as all other similar properties have now been developed.
For scheduled open houses, we will be conducting them in the grounds, and for those who are serious and wish to take it further, we can arrange an internal inspection of the home to verify the condition.
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.