Carrying a price guide of $9 million to $9.9 million, the side-by-side residences are set to go under the hammer on December 3 through Ray White Double Bay sales agent Dion Markovics and principal Elliott Placks.
The combined parcel represents 537 square metres in one of Sydney’s most exclusive suburbs.
“Buyers have a one-off opportunity to secure two vintage cottages on a generous, rare parcel of land and reimagine their ultimate dream home or bespoke family estate, subject to council approval,” Placks said.
Markovics said finding two neighbouring cottages in original condition being sold together after more than four decades of ownership was virtually unheard of.
41 & 43 Cove Street, Watsons Bay NSW 2030
While both homes remain in liveable condition, the potential to combine the properties into a sprawling family estate is expected to attract buyers looking to capitalise on the substantial landholding.
The cottages occupy separate blocks of 240 and 297 square metres and are connected at the rear.
Both have three bedrooms, with the larger property including two bathrooms and the smaller cottage featuring one bathroom and an off-street parking space.
The homes are being sold in one line, giving prospective buyers the option to keep the existing cottages or potentially redevelop the site, subject to council approval.
The properties are also just 140 metres from the sands of Camp Cove Beach, with the Watsons Bay ferry wharf, village shops and waterfront dining venues all within walking distance.
Old Watsons Bay duplex makes Australian property history
A Sydney address has sold for $6 million above reserve - an outcome never before seen - at a hard-fought auction.
This Sydney suburb is just a 20 minute ferry ride from the city
Watsons Bay - the northern hamlet of the eastern suburbs - is home to just 340 dwellings and some relatively undiscovered beaches.
'Once in a lifetime' Watsons Bay beachfront cottage sells for $14.2 million – $4.45 million above reserve
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