R2 Zoned Warehouse With An Approved Architectural Vision Opposite Centennial Park

Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

48 Oxford Street, Woollahra NSW 2025

For Sale

Search Band Search Visibility Band

$7M - $7.7M High Confidence Calculated based on strong search observations.

House 4 Beds 5 Baths 4 Cars

Listed: 54 days ago

Updated: 26 days ago

Overview

This unique property presents a rare opportunity to transform a prominently located R2-zoned warehouse into a grand architectural residence opposite the Paddington Gates to Centennial Park. The site spans approximately 377 square meters with a notable 12 meter frontage and a natural north-to-rear aspect that enhances light and orientation.

Approved plans for a three-storey luxury home by renowned CM Studio envision a residence that harmonizes expansive internal spaces with refined materials and wellness-focused design. The design includes over 600 square meters of living area, offering generous proportions perfect for creating a spacious and comfortable environment.

Among the highlights are landscaping by Dangar Barin Smith, which turns the outdoor areas into a lush sanctuary featuring a pool, ideal for relaxing or entertaining. The exclusive top floor, designed as a primary retreat, incorporates a rooftop garden that provides serene views over Centennial Park, inviting a connection with one of the city's most treasured green spaces.

The property’s flexibility provides options either to build a bespoke home, retain the current setup as an income-generating asset, or pursue dual occupancy potential subject to council approval. Situated at the threshold of Paddington’s vibrant cultural scene, with its art, fashion, and dining, and just 450 meters from Queen Street village, this location promises lifestyle convenience alongside privacy.

Prominent site with wide frontage and ideal orientation
DA-approved plans enabling a high-end, three-level design
Architectural vision offering grand scale and wellness integration
Lush landscaping including a pool for outdoor leisure
Exclusive rooftop garden with spectacular park views
Potential flexibility for investment or redevelopment
Close proximity to Paddington and Woollahra villages
Excellent access to city amenities and coastal beaches

Overall, this property is suited to discerning buyers seeking a project with the promise of a landmark residence in one of Sydney's most prized precincts, blending architectural sophistication with natural beauty and urban accessibility.

Local Market Insights

In Woollahra, Quiet Listings observed 7 new houses entering the market over the last 30 days, unchanged from 7 in the prior period, with an average advertised asking price of $4,327,249. The property type mix of listed properties is predominantly Houses at 57%, followed by apartments (29%), and commercial properties (14%). The most active agency for houses in the Woollahra area is currently Sotheby's International Realty, representing 43% of new listings, followed by Raine & Horne with 29%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.