36 Hastings Road, Warrawee NSW 2074
36 Hastings Road, Warrawee NSW 2074
Heritage sandstone estate | single-level with expansion potential | prized northerly aspect | held 56 years, first sale | hilltop Warrawee setting
This property offers a rare combination of heritage character and practical expansion logic. The single-level sandstone footprint with raked ceilings and thick walls provides immediate livability while the roof structure allows upward or outward extension without compromising the established garden setting. The wraparound verandahs and room-to-garden connections create a seamless indoor-outdoor flow that suits families seeking space and privacy. The 2358 square metre block on a level hilltop position with a full tennis court and mature hedgerows places this among Warrawee’s more substantial estates. The 56-year single-family tenure signals a property held through generations, which often means deferred maintenance but also uncompromised original fabric.
The primary risk is the gap between the auction guide of $6.5 million and the estimated value near $6.16 million, suggesting the vendor may hold firm above market. The heritage listing imposes constraints on external alterations, so any expansion must work within the existing roof structure or approved envelope. The 8-day market tenure means limited comparable sales evidence, and the discrepancy in land records between 2358 and 2630 square metres requires verification before bidding. For a buyer seeking a long-term family home with scope to add value through thoughtful renovation rather than knockdown rebuild, this property rewards patience. Hold as a primary residence and consider a staged interior upgrade before any structural expansion.
Detailed Independent Property Report prepared by PropCred Analyst team for 36 Hastings Road, Warrawee NSW 2074
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Warrawee is an established Upper North Shore suburb experiencing a significant market correction, with house prices under considerable pressure. Recent sales activity indicates demand persists for premium properties, though overall volume remains low. The market is currently characterised by a constrained rental supply and a clear buyer’s advantage, with houses taking approximately a month to sell. Future performance will hinge on broader economic conditions and the suburb’s enduring appeal to upsizers seeking its tranquil setting and connectivity.
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PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
3
Land
2358m²
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