31-33 Ocean Street, Woollahra NSW 2025

For Sale $7,500,000

3 beds

2 baths

1 parking

A Landmark Woollahra Corner Building with DA Approved Development Upside

A landmark property of this pedigree, that harmoniously fuses historic allure with contemporary development potential rarely comes to the marketplace.

Perfectly poised on a corner with frontages to both Ocean and Queen Streets, Parterre is an iconic Eastern suburbs landmark. Not only is it a shopping destination for antiquarians in the know, its leafy café, tucked away at the rear is perpetually abuzz with well-heeled locals.

Whether you choose to utilise the property as is, or expand to include the luxurious, contemporary home with parking at the rear - this opportunity offers a multitude of options to live, work and invest in an iconic Woollahra locale.

31-33 Ocean Street, Woollahra is set on 314 sqm of prized Woollahra land, benefiting from Low Density Residential Zoning with Commercial use rights.

Having been the home of Parterre for almost 40 years, this is truly a rare opportunity to acquire one of Woollahra's most prominent corner freehold buildings, with the benefit of DA Approved plans for a residence at the rear. Making the opportunity a perfect proposition for the investor, owner occupier or developer.

Ray White Woollahra /Paddington's Randall Kemp and Ben Vaughan are delighted to bring this stunning property to the market, for the first time in nearly four decades. For more details or to arrange a private inspection, please do not hesitate to contact us.

Randall Kemp 0415 818 966
Ben Vaughan 0419 655 519

Inspection by appointment.

Property Details

• Type: House
• Bedrooms: 3
• Bathrooms: 2
• Garage Spaces: 1
• Building Area: 314 m² (approx)
• Land Area: 175 m² (approx)