'Rathdowne' - Presently a character block of three, comprising two substantial three bedroom Strata apartments, an 80 sqm garden apartment and 3 lock-up garages. Fully tenanted on expired leases showing GAR $135,516, with scope for improvement. DA approved plans from Woollahra Council provide for conversion into 2 luxury double-storey residences of 230 & 250 square metres, one of which would enjoy a lovely outlook towards Rose Bay, plus 4 lock up garages. Located in Sydney's most prestigious residential enclave, close to harbourside beaches, Rose Bay Marina, transport, and just an easy stroll to both Double Bay and Rose Bay villages. Perfect for an investor seeking return and capital growth, a family seeking 3 residences or a developer wishing to capitalise on the approved plans.
-Grand duplex with separate one bedroom garden apartment
-Ideal for redevelopment or a superb Blue chip investment
The size of Point Piper is approximately 0.4 square kilometres. It has 3 parks covering nearly 0.7% of total area. The population of Point Piper in 2016 was 1424 people. By 2021 the population was 1334 showing a population decline of 6.3% in the area during that time. The predominant age group in Point Piper is 60-69 years. Households in Point Piper are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Point Piper work in a professional occupation.In 2021, 69.40% of the homes in Point Piper were owner-occupied compared with 66.10% in 2016.
Point Piper has 963 properties. Over the last 5 years, Houses in Point Piper have seen a 90.04% increase in median value, while Units have seen a 29.60% increase. As at 31 December 2025:
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