overview

  • 1P9251
  • Block of Units
  • For Sale
  • 325 sqm
  • 510 sqm
  • 12
  • 6
  • 6

Description

THE RISING SUN C.1890 – A GENERATIONAL OFFERING – 6 TOWNHOUSES – WELCOME TO THE LOCAL BLOCK
Historic Gem and Investment Opportunity in the heart of cosmopolitan Kensington! Formerly The Rising Sun Hotel, a property with an illustrious history that spans back to the late 19th century. This iconic building was formerly known as The Rising Sun Hotel and holds immense historical significance to the local area.

Now, after almost 20 years, this remarkable property is offered to the open market. In 1880, Henry Newlyn relocated The Rising Sun Hotel to 36 High Street, where it operated as a thriving hotel until the early 1900s. The property underwent a transformation, resulting in the creation of six self-contained home units, each with its own distinctive charm. This property offers an exceptional investment opportunity, generating an impressive annual with all of the units currently leased.

With its diverse layout, it provides the potential for multiple revenue streams and exciting investment prospects. For those with a passion for restoration and design, imagine the endless possibilities of renovating this historic property, akin to renowned home renovation shows like THE BLOCK.

With six home units ready for transformation, you have the option to renovate and sell them separately (subject to council consents) or retain them as high-demand investment properties. An exclusive opportunity rich in historical significance offering potential and opportunity like no other!

With valuable rear access and being placed on a prominent corner allotment of some 510sqm approx.

Don't miss this chance to be a part of history and invest in an iconic property that promises both historical value and outstanding returns with so much scope to value-add.

Contact us today to secure your private inspection and start envisioning the limitless potential this property offers!

Disclaimer: Please note that all the information that has been provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate however and we accept no liability for any errors or omissions – including, but not limited to the property's land size, floor plans & dimensions, build size, building age, condition or any other particulars. Interested parties should always make their own inquiries and obtain their own legal and financial advise. RLA 247163

floorplan

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