A rare North facing home on a sizeable block of land in the Balmoral precinct surrounded by beautiful bushland. A 1950s design, the property would benefit from some period restoration if a rebuild was not desired and would be a sizeable comfortable home overlooking Balmoral Beach from high on the hill.
The concept building plans suggest a large home could nestle in the hillside with a lift negating the steps and a focus on large sunny balconies making the most of the sunny aspect. It is always hard to critique an older style home when plans have been drawn up to totally rebuild on the site. The asking price seems to have fairly priced in the older home allowing the new owner to live in a prestige enclave without paying for a large home nearby at a much higher price. The current floor-plan would benefit from the void being converted to additional floorspace allowing a more open plan as currently the upper level's living area has some restricted access to the views and the kitchen is the old fashioned isolated design. A large rumpus and library downstairs does allow a separate living space.
The location itself is in the bushland section above Balmoral Oval which is one of the overlooked areas of Mosman and cheaper than the other end of Balmoral Oval in Plunkett Rd as it doesn't have the grand street presence and enormous modern houses. There are stairs leading directly to Wolseley Rd above and the road is quiet with no through traffic and features plenty of birdlife. It is tightly held with rare sales with the 'Valley Folk' community and contact chart including the names of all the owners in the 3 local streets being testament to this. It is a rare sense of community in a busy city and one of the reasons I feel that this is a rare opportunity to buy into the area. There are of course negatives such as potential parking issues in Summer, steep block, the sun being filtered by a large gum tree and the narrow road out the front but these are small relative to the big opportunity awaiting.
One of Sydney’s most trusted real estate advisors, David Turnbull is a highly competent and experienced buyer’s agent with a wealth of knowledge and the skill set to negotiate successful outcomes for his clients. A tertiary educated professional with an extensive career at Macquarie Bank and Grimsey Wealth, David has guided hundreds of clients through the process of buying a home or investment property.
An expert in residential real estate on the North Shore, David has strong relationships with local agents who provide him with preview access to new listings and off-market opportunities for his clients.
Welcome to the property market update for Sydney’s Lower North Shore, Winter 2019. Much like most of metropolitan Sydney, the Lower North Shore property market has experienced decreased stock levels this winter which has translated to a lower number of sales and marginal price movements. Price growth has only slightly increased in most Lower North ...[read more]