An exciting opportunity awaits home-buyers and investors at this uber-hip Paddington village location. Located in a quiet convenient, tree-lined wide street, this under-capitalised property offers huge capital growth potential. Presenting a terrace-cum-warehouse facade complete with a roller door to the original garage, the home’s reconfigured layout provides for flexible living which would allow you to live in as is, quite comfortably, and enjoy original features such as exposed timber beams. Ready to just move in, or rent out, or fulfill the huge potential, this rare development site is DA approved to totally demolish and build a sophisticated new home designed by Melbourne-based leading architects BG Architecture. * Build the DA approved brand new home or re-arrange current layout to suit * Open plan living/dining, CaesarStone kitchen, granite bathroom, int laundry * Top floor loft-style large main bedroom with ample built-ins * Studio-style flat offers open living & sleeping zones, granite kitchen, wet bar, granite bathroom * Sunny private garden, high ceilings, several skylights, timber floors, internal laundry * Lock up garage not being utilized as such but easily converted with minimum effort * Footsteps to designer boutiques at The Intersection, trendy Oxford Street lifestyle and hip Darlinghurst cafe scene, this potential-packed terrace offers endless possibilities!