3 Wallace Street, Balmain: A newly revived Victorian Italianate manor

A Victorian masterpiece reborn in the heart of Balmain
Hidden in one of Balmain’s most tightly held enclaves sits a home that redefines grandeur for the modern age. 3 Wallace Street isn’t just a residence, it’s a living story. Built in 1887, this Victorian Italianate manor has been carefully restored and reborn, blending 19th-century craftsmanship with a refined contemporary soul.

A revival of timeless beauty
From the street, its 11-metre frontage and lacework verandahs hint at its pedigree. Step inside and the home unfolds like a love letter to space and light. Every marble fireplace has been revived, sash windows meticulously restored, and soaring 3.3m ceilings adorned with ornate roses recall a time when homes were made to endure. Yet the rebirth, by Ballast Point and Elev8 Design, ensures it lives firmly in the now, every detail consciously curated and beautifully crafted.

Where sunlight meets serenity
Bathed in a northern aspect, the interiors glow with warmth. European Oak herringbone floors ground the home, Lux White stone adds a soft, ethereal touch, and subtle hints of gold echo the harbour at sunset. Reception rooms open to wraparound verandahs, wide French doors spill onto sundecks, and the social heart – an Italian kitchen by Apollo Kitchens – doubles as both breakfast bar and cocktail stage. It’s as functional as it is beautiful, framed by windows looking out to Mort Bay.

A home that breathes with you
This is a residence designed not just for living, but for evolving with its family. Five bedrooms, each dressed in NZ merino wool, flow across the upper levels, while a self-contained studio provides sanctuary for guests, an au pair, or even a work-from-home escape. The primary suite opens onto a wide lacework balcony, its ensuite centred around a fireplace – a touch of romance rare in modern living. Bathrooms gleam with Italian tiling, underfloor heating, and Brodware Weathered Brass tapware, every detail speaking to quiet luxury. By night, outdoor lighting transforms the courtyard into an alfresco haven, a slice of Europe in the heart of Sydney.

A manor that belongs to the future
Beyond the beauty, practicality reigns – double parking with a 28sqm lock-up garage and EV charger, all new wiring and plumbing, multi-zoned air, keyless entry, and CCTV security. It’s heritage with foresight, a manor for the future.

Balmain at your doorstep
Despite its peace and privacy, you’re just 700m from Balmain Wharf and moments from the evolving White Bay precinct. Around you: cult bakeries, artisan cafés, Pilates studios, and the vibrant hum of Darling Street. Yet here, in this quiet enclave, it feels a world apart.

We’d love to show you through this timeless beauty.

Contact Matt Hayson – 0411 519 190 or Rita Lopresti – 0419 445 340.