A historic home in Sydney’s inner west is anticipated to set a new suburb price record when it goes to auction next month.
Hazelbrook, at 172-174 New Canterbury Road, Petersham, is on the market for the first time in nearly 30 years, and will go under the hammer on May 8.
The more than 100-year-old house retains much of its original charm, including soaring, pressed metal ceilings, ornate fireplaces, bay windows, leadlight Art Nouveau glass and decorative chandeliers.
Belle Property agent Savannah Barber says the dual-frontage estate is arguably the most unique property to come to market in Petersham.
“It’s unlike any other property on the market,” Savannah says. “It’s very impressive.”
“It’s being offered to the market for the first time in close to 30 years, and it’s likely to be another 30 years before anything similar comes available.”
Aside from the two-level dwelling, the 923sqm property holds rolling, park-like grounds, a swimming pool, cabana, large shed and parking for five vehicles.
Seven large bedrooms can be found across the two floors, including a master room with an en suite and balcony, and plenty of room for multiple living spaces, a country-style eat-in kitchen, and even an attic.
“It’s still in very good condition, but would be the perfect opportunity for someone looking to restore it to its former glory, or capitalise on the land size and redevelop the block,” Savannah says. “It’s R1 zoned so it invites multiple uses like a B&B, residential flats or boarding house, or it can be kept as a private residence.”
“We’ve had a tremendous response from the market, a variety of interests including developers and owner-occupiers.”
The site’s prime location is another drawcard – just moments from multiple schools, parks, Royal Prince Alfred Hospital, and Petersham village.
Hazelbrook isn’t heritage listed, but a sense of history can be felt throughout the property. Every darkened timber beam and floorboard conveys a sense of timeless family comfort, with outdoor spaces suited to any activity.
“The owners have raised their five children there, it’s been a family home for them,” Savannah explains. “It’ll be the end of an era for them and the start of an exciting new chapter for someone else.”
“It’s a once in a lifetime buying opportunity, and that’s why we anticipate it setting a new record for the suburb.”
Saturday, May 8, 10.30 am
172-174 New Canterbury Road, Petersham, NSW 2049
Savannah Barber – 0475 925 316
Shane Vincent – 0425 333 400