11 Bangalla Street, Warrawee NSW 2074
11 Bangalla Street, Warrawee NSW 2074
Prestigious Warrawee address | dual street frontage | flexible mezzanine potential | first time offered in 13 years
This property presents a rare buying opportunity in a tightly held street where 90% of properties are owner-occupied, indicating low turnover and strong local demand. The full brick mid-1900s construction on an 805 square metre block with dual street frontage offers configuration advantages rarely available, particularly the mezzanine level that can serve as a sixth bedroom, home office, or teen retreat without structural work. The master suite with two walk-in robes and marble spa ensuite, plus three bedrooms opening onto the rear verandah, positions this house strongly for families seeking both formal and casual living spaces. The under-house workshop with kitchenette and bathroom adds practical flexibility for a home business or extended family use. This property is best suited to buyers who value established prestige, space, and the ability to adapt the floorplan without immediate renovation.
The primary risk is the price guide’s low confidence rating, which may indicate seller uncertainty or a wide bidding range at auction, requiring careful pre-auction due diligence on comparable sales. The 2013 purchase price is now 13 years old, so no meaningful capital gains benchmark exists from the vendor’s side. The property lacks modern energy efficiency features and the kitchen, while functional, is not contemporary. Buyers should budget for potential updates to heating and cooling systems. The auction date of 23 May with six scheduled inspections provides adequate time for building and pest inspections before bidding. This property should be held as a long-term family home in a proven blue-ribbon location where supply constraints support capital preservation.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Bangalla Street, Warrawee NSW 2074
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
1
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
5
Bathroom
4
Parking
2
Land
805m²
URL has been copied successfully!