2/24 Balfour Rd, Rose Bay is a 1 bedroom, 1 bathroom Unit and was built in 1930. The property has a land size of 693m2. While the property is not currently for sale or for rent, it was last sold in September 2015.
Positioned within a boutique Art Deco building of just 12 apartments, this original one-bedroom residence presents an outstanding opportunity to secure an affordable foothold in one of Rose Bay's most sought-after pockets.Offered in completely original condition, the apartment is ready for a full renovation, providing the perfect blank canvas for first home buyers, investors and renovators looking to create a stylish home while adding significant value.Enjoying a peaceful setting just moments from the harbour foreshore, Plumer Road Village, Rose Bay Ferry Wharf, cafs and transport, this is a rare opportunity to transform an original apartment into something truly special in a blue-chip location.Property Features:- Original one-bedroom Art Deco apartment- Exceptional renovation opportunity with enormous potential- Functional floorplan ready for complete transformation- High ceilings and generous proportions- Boutique security block of just 12 apartments- Ideal for first home buyers, renovators and investors- Walk to Plumer Road Village cafs, restaurants and shops- Moments to Rose Bay Ferry Wharf and harbour walks- Close to parks, transport and some of Sydney's finest beaches- Rare chance to create your dream home in an exclusive harbourside suburbProperties offering genuine renovation potential in this tightly held location are becoming increasingly scarce. Whether you're looking to restore its Art Deco charm or create a contemporary residence tailored to your own style, this is an opportunity not to be missed.Bring your vision, your builder and your imaginationthe possibilities are endless.Council Rates: $461 per quarter (approx.)Water Rates: $227 per quarter (approx.)Strata Rates: $1,200 per quarter (approx.)For more information or to book a private inspection, please contact the listing agent.* Some images may contain virtual styling and location images
The size of Rose Bay is approximately 2.5 square kilometres. There are 15 parks, covering nearly 35.5% of the total area. The population of Rose Bay in 2016 was 10053 people. By 2021 the population was 9911 showing a population decline of 1.4% in the area during that time. The predominant age group in Rose Bay is 30-39 years. Households in Rose Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Rose Bay work in a professional occupation.In 2021, 53.80% of the homes in Rose Bay were owner-occupied compared with 52.80% in 2016.
Rose Bay has 6,117 properties. Over the last 5 years, Houses in Rose Bay have seen a 21.39% increase in median value, while Units have seen a 3.15% increase. As at 31 July 2026:
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