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May 22, 2024
PI Global Investments
Real Estate

Paddington’s sunniest terrace set to go under the hammer

31 Norfolk St, Paddington … open to the sunshine.

Terraces are a dime a dozen in Paddington but not ones this wide, full of natural light and with the potential to run a business from downstairs and live upstairs.

The two-storey 1890s residence with its second bedroom in the attic at the corner of 31 Norfolk St is 5m wide at the front and nearly 7m at the rear, and its side is open to the north so it’s bathed in all day sunshine.

It was the perfect spot for Sophie Politt to run her fashion label, Good Day Girl, with business partner Alexia Spalding before Covid intervened.


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The terrace is open to the north and east.

Good Day Girl  Sustainable Fashion

Sophie Pollitt and Alexia Spalding ran their sustainable fashion brand Good Day Girl from the premises. Picture: John Appleyard

“The made-to-order idea wasn’t so fabulous during Covid and it got to the stage where we decided to leave on a high,” Ms Politt said.

Since then, she’s had a fabulous tenant – a PR company whose lease expires in October – but she’s decided it’s time for someone else to have their time in the sun.

“It was a wonderful house to have a baby and work from … it’s literally the ultimate work-from-home spot as the light is outrageously good – you get sunlight all day, even on a dull day.”

On its 150sq m block, the 50sq m retail space with 150sq m residence is up for May 25 auction with a $3.75m price guide via Mark Lowe of TRG Woollahra.

The perfect spot to live and work.

Sophie added an attic bedroom.

“We’re getting interest from both investors and renovators and there’s the potential for a couple to live in the residence and run a business on the lower level, or lease it out,” he said.

“One fellow is thinking about a barber’s shop, others are considering a fashion label, and one lady is saying she could run a florist’s there, so there’s certainly lots of potential.”

Mr Lowe said the current income from the tenant was $52,000 per year.

The kitchen is impressive.

The main bedroom looks comfortable.

Ms Politt, who now works as an environment and sustainability consultant, bought the terrace with her former partner for $1.68m in 2007, later adding the attic bedroom.

She and her now 15-year-old son have no intention of leaving their beloved Paddington.

“It’s where we’d like to stay,” she said. “We love its proximity to the city, to the beaches and love the heritage nature of Paddington and being able to walk around and see these terraces. There’s so much history and they’ve been preserved really beautifully.”

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