THIS is definitely not your average Sydney apartment.
For $619,000 you get a 44sq m one-bedroom apartment in a beautiful historic building with all the convenience of the vibrant inner city business and arts districts. But this building also has a few surprises for the astute investor, young professional couple or executive.
Residents have access to a private rooftop tennis court with jaw-dropping city views.
Ray White Drummoyne agent Chris Wilkins said it was such a good time to buy in the inner city. “When you stand on the rooftop, it feels like you could be standing on the top of apartment building in New York; the views are just amazing. The centre of Sydney is really buzzing and it’s such a great time to buy.”
Unit 16 last sold in 2013 for $445,000, more than double what it sold for in 2002 at $222,000.
Set in the heart of the city in Clarence Street, it is an easy stroll to Wynyard Station, Westfield and Pitt Street Malls and the QVB. The historic building was originally built back to 1885, and has along history as the site was firstly a warehouse, then the site of the British General Electric Co.
Two parcels of land formed what is now Clarence House both sites were acquired for the sum of $775,000 back in 1980. The two five-storey buildings were amalgamated and converted in 1981 into 40 residential apartments. The amalgamation incorporated the buildings original façade which is classified by the National Trust and retained the stucco masonry and cast iron columns so reminiscent of a late Victorian decorated warehouse.
Ray White Drummoyne
More info on Clarence House’s history