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5 bedroom house for sale

Guide Price £7,007,717

Australia - Palm Beach, Sydney, New South Wales

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Call: 03339 391116

Full description:

Occupying prime position on the easternmost point of the headland above Cabbage Tree Boat Harbour, with a due north aspect and unsurpassed panoramas across Palm Beach, this location is something special to behold.

If a picture paints a thousand words, then only one is really needed to sum up this property : breathtaking.

Coveted, envied, treasured and, until now, unattainable - this is it. Your one chance to secure "Pegasus" for you, your family and for future generations.

The property was purchased by the current owner back in the '70s, when Palm Beach was relatively undeveloped and certainly considered too far from the city for everyday living or commuting. Now, 40 years later, it's the "go-to" beachside destination for people desperate for that everyday escape from the city.

Totally liveable as is, the house has two storeys and each floor can be used independently of the other, so it would be useful for extended families or in-law accommodation

Whilst it offers 4 to 5 bedrooms and 2 bathrooms, all mostly in original condition, the home itself is not really the prize. It's the land and the position. And, of course, the potential.

On approximately 1144sqm of exquisite real estate, the property does have its challenges - not least of which is the absence of driveway access and parking. There is nothing. Only on-street parking is available.

Subject to Council approval, there is scope and possibility to construct driveway access and then fully realise the potential of the site. Purchasers will need to rely on their own enquiries to Council with regard to any future development of the site.

Located adjacent to the public pathway and steps down to the ocean pool at the southern end of the beach, this is certainly the most iconic residence in the most coveted location in Palm Beach.

This pin shows the general area of the property as the exact location was not given

Nearest Airports*

  • Kingsford-Smith (International), 34.8 miles

*Distances are straight line measurements. This feature is currently in beta.

Video tour

To view this property or request more details, contact
LJ Hooker Palm Beach, Palm Beach

1073 Barrenjoey Road Palm Beach NSW 2108
03339 391116  Local call rate
About LJ Hooker Palm Beach, Palm Beach

Apart from being the coastal setting for the long running TV Soap "

Home and Away", Palm Beach is also one of the most exclusive coastal villages in Australia.

Its residents, past and present, include the country's richest and most famous, and its quaint cottages and grand estates are amongst Sydney's most beautiful homes.

It is defined by the contrast of pristine subtropical bushland and golden beaches and is enveloped by the blue waters of the Tasman and the yachties paradise of Pittwater


Disclaimer

This is a property advertisement provided and maintained by LJ Hooker Palm Beach, Palm Beach (reference PEGASUS) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

LJ Hooker Palm Beach, Palm Beach

1073 Barrenjoey Road Palm Beach NSW 2108
or call 03339 391116
Calling from outside the UK? 0061299745999

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