Potts Point Off Market Property
Potts Point is is just a mere 3km from Sydney’s CBD making it a sought after inner-city residential address.
Located close to Elizabeth Bay, Darlinghurst and Woolloomooloo, Potts Point is a small suburb of less than 1 kilometre long. Originally named after Bank of New South Wales employee Joseph Hyde Potts, who purchased 6.5 acres of harbourside Sydney land in what was originally known as Woolloomooloo Hill, he renamed the land after himself.
Many grand mansions adorned this area of Sydney, with a number of thes eproperties still surviving, including Rockwall House in Rockwall Crescent, a beautiful sandstone villa with five bays, plus cellar, built around 1835, and one of the earliest properties in the area.
Kenilworth is another very grand home, built in 1869, in Roslyn Street, which was sold to St Luke’s Hospital, and still just as magnificent today. A stroll around Potts Point and you’ll spot many beautiful old homes which were part of the regions early history. If you’d like to find out more about Off Market Property in the Potts Point area of the Sydney eastern Suburbs, contact Felicity at Unlisted Property.
The commercial housing market in Potts Point really started to boom in the 1920’s where some of the earliest blocks of flats in Australia were built right through to World War II. Move forward to the 21st Century, and the majority of the Potts Point Hotels were snapped up by developers who saw the potential in the close proximity to the city, and began work on numerous luxury unit developments, turning the area into one of Sydney’s trendiest and most upmarket addresses. There are approximately 9400 residents in Potts Point.
