1B Addison Street, Kensington

Grand Freestanding Family Home With Northerly Views, Plenty Of Add Value Opportunity In a fantastic location in the heart of Kensington, opposite OLSH College, this freestanding home offers plentiful space for the growing family as well as superb potential for the developer or those looking to make their mark (STCA). Spread over two substantial levels and featuring an enormous basement, the double-brick home is bathed in natural light with a perfect north to rear aspect while an elevated setting affords sweeping district views to Sydney Tower from both levels. A superb layout features four large bedrooms on the upper level with a master wing featuring a study or nursery while the lower level features a choice of living areas and a sunny granite kitchen. Available for the first time in 33 years, this is a rare opportunity with flexible R2 Zoning and a 22.8m street frontage offering potential for a dual-occupancy development. Just 500m to the light rail and Kensington village, this connected inner east location offers the best of both worlds with easy access to the city and beaches as well as being walking distance to Centennial Park, Royal Randwick Racecourse and UNSW. - Wide entry hall, polished timber floors - Prime block with a north to rear aspect - Wide entry hall, polished timber floors - 4 large bedrooms all with built-in robes - Upper level sitting room with city views - Master with ensuite and study or nursery - Spacious living room, sunny dining room - Granite kitchen and family living area - 103sqm basement with rumpus room - Huge storeroom ideal as a wine cellar - North facing courtyard, dining terrace - 3 full bathrooms, the main with a bath - Double lock-up garage (internal access) - Solar hot water and rainwater tank - R2 Zoning with development potential - 22.8m frontage (dual occupancy permitted) - Directly opposite OLSH College campus - Kensington Public School catchment area - Easy access to the city and Coogee Beach - Just over 1km to Centennial Parklands - 500m to the light rail, walk to UNSW Please note when attending open for inspections we kindly ask that you adhere to the current COVID safety guidelines.