Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
This distinctive corner terrace at 1 Cascade Street in Paddington offers an exceptional mix of scale, light, and versatile living within a coveted inner-city gallery precinct. Boasting approximately 10 metres of frontage and a prized north-east orientation, the home benefits from abundant natural light and cross ventilation, creating a rare sense of openness and width seldom available in traditional terraces.
Designed across two levels, the property encompasses three bedrooms each with built-in robes, complemented by two bathrooms including an upstairs bath. The main bedroom’s sunlit balcony extends the living space outdoors, while a well-appointed gas kitchen opens onto a north-east facing courtyard, enhancing indoor-outdoor flow and offering an inviting space for casual dining or relaxation.
Notably, the residence enjoys mixed-use zoning, granting potential for both residential and commercial applications, augmented by a DA-approved ensuite that opens possibilities for reconfiguration and increased value. Located just moments from the lively Queen Street retail and dining precinct, Centennial Park, convenient transport links, galleries, and boutiques, this property delivers both lifestyle and investment appeal.
- Corner position at the northern end of Cascade Street with exposure to Paddington Street
- Attached only on one side with private side lane access
- Generous approx. 10m frontage contributing to spacious proportions
- North-east aspect ensures excellent natural lighting and ventilation
- Mixed use zoning affords residential/commercial versatility
- DA-approved ensuite offers scope for customization and added value
- Three bedrooms with built-in wardrobes
- Two bathrooms including main bathroom with bathtub upstairs
- Gas kitchen opens seamlessly to courtyard enhancing lifestyle options
- Walking distance to Queen Street, Centennial Park, transport and local galleries
This property will suit those seeking a stylish urban retreat with flexibility. Perfect for professionals, creative entrepreneurs, or those valuing proximity to vibrant culture and green spaces while enjoying a light-filled, spacious terrace setting.
Local Market Insights
In Paddington, Quiet Listings observed 13 new houses entering the market over the last 30 days, down from 15 during the previous 30-day period, with an average advertised asking price of $5,034,615. The property type mix of listed properties is predominantly Houses at 54%, followed by apartments (38%), and commercial properties (8%). The most active agency for houses in the Paddington area is currently Ray White, representing 46% of new listings, followed by Bresic Whitney with 31%. 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.
Location
Paddington NSW 2021
Market Insights for Paddington NSW 2021
Other properties in this postcode
