Character Charm Meets Commercial Potential: A Rare Botany Opportunity

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5 Underwood Avenue, Botany NSW 2019

Buyers Guide $1,450,000

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$1.45M - $1.52M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 5 Cars 342 m²

Listed: 17 hours ago

Overview

This distinctive double-brick character house is set in Botany’s versatile E3 Productivity Support zone, uniquely blending residential charm with significant commercial potential. The property, historically used as a pottery studio and showroom, extends beyond a traditional home by including a commercial-grade rear shed featuring gas-fired kilns and three-phase power, with dual roller door access. This combination presents opportunities ranging from restoring a classic family home to creating a creative live-work space or developing a business venture subject to council approval.

The main residence retains its original hardwood flooring and traditional kitchen and bathroom fittings, contributing to its character appeal. The presence of three double bedrooms allows for comfortable family living or flexible workspace arrangements, and the generous floor area of approximately 342 sqm caters well to versatile uses. Ample parking, with space for five cars, further enhances the property’s suitability for professional or artistic endeavours.

Located in a growing post-industrial suburb, the home offers a unique lifestyle opportunity. Botany blends modern family living with an industrial edge, providing convenience and a distinct community feel. Nearby amenities such as local parks, cafes, the Botany Aquatic Centre (under refurbishment), and schools make this a conducive environment for both families seeking suburban tranquility and professionals valuing accessibility and local character.

Overall, this property stands out for its rare combination of substantial residential features and approved commercial facilities, appealing to homebuyers or investors seeking a property with flexibility in the thriving Botany precinct.

Local Market Insights

In Botany, Quiet Listings observed 6 new houses entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $1,791,667. The property type mix of listed properties is predominantly Apartments at 50%, followed by houses (30%), and townhouses (10%). The most active agency for houses in the Botany area is currently McGrath Estate Agents, representing 33% of new listings, followed by PRD Nationwide with 33%. 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.