Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

488 Old South Head Road, ROSE BAY, NSW 2029

488 Old South Head Road, ROSE BAY, NSW 2029

Rose Bay

×
Sold Check
+2 Photos

488 Old South Head Road, ROSE BAY, NSW 2029

Rose Bay

SOLD
488 Old South Head Road, ROSE BAY, NSW 2029

488 Old South Head Road, ROSE BAY, NSW 2029

Properties / Sold / New South Wales / Rose Bay
Development Potential
Property Type
Commercial, Mixed Use
Land Area
1,480 m² (*approx)
Selling Method
EOI: Closing 21st October 2019 at 2PM
Show All

A RARE MIXED-USE DEVELOPMENT OPPORTUNITY IN SYDNEY’S SALUBRIOUS ROSE BAY

- 488 Old South Head Road is a prominent land holding, located on the corner of Albemarle Avenue

- A level* site with mixed-use zoning controls, the property presents an extremely rare opportunity to develop an in-fill scheme to benefit from the perfect mix of amenities in the immediate vicinity, together with a 14m* height control, and a 1.5:1 FSR control

- Rose Bay is a salubrious suburb, located 7.6km* east of Sydney’s CBD

- The property is positioned 900m* south of Rose Bay Beach, 800m south of Rose Bay town centre and 1.2km* east of The Royal Sydney Golf Club

- The immediate vicinity comprises a thriving mix of medium-density residential, vibrant strip retailing and a range of leisure amenities

- Upon settlement, Caltex will remain in occupation under a Licence Agreement whilst the demolition and remediation works are being undertaken. A licence fee will be paid by Caltex during this period

- For more information on the full portfolio, please visit www.thenationaldevelopmentsiteportfolio.com.au

*Approx

Stonebridge Property Group

Lincoln Blackledge

+61 408 780 772

CBRE

Mark Wizel

+61 411 694 756

Julian White

+61 422 764 137

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

488 Old South Head Road Development Site Summary

Property Type
Commercial, Mixed Use
Land Area
1,480 m² (*approx)
Selling method
EOI: Closing 21st October 2019 at 2PM

Development Site Highlights

A RARE MIXED-USE DEVELOPMENT OPPORTUNITY IN SYDNEY’S SALUBRIOUS ROSE BAY

- 488 Old South Head Road is a prominent land holding, located on the corner of Albemarle Avenue

- A level* site with mixed-use zoning controls, the property presents an extremely rare opportunity to develop an in-fill scheme to benefit from the perfect mix of amenities in the immediate vicinity, together with a 14m* height control, and a 1.5:1 FSR control

- Rose Bay is a salubrious suburb, located 7.6km* east of Sydney’s CBD

- The property is positioned 900m* south of Rose Bay Beach, 800m south of Rose Bay town centre and 1.2km* east of The Royal Sydney Golf Club

- The immediate vicinity comprises a thriving mix of medium-density residential, vibrant strip retailing and a range of leisure amenities

- Upon settlement, Caltex will remain in occupation under a Licence Agreement whilst the demolition and remediation works are being undertaken. A licence fee will be paid by Caltex during this period

- For more information on the full portfolio, please visit www.thenationaldevelopmentsiteportfolio.com.au

*Approx

Stonebridge Property Group

Lincoln Blackledge

+61 408 780 772

CBRE

Mark Wizel

+61 411 694 756

Julian White

+61 422 764 137

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

488 Old South Head Road, ROSE BAY, NSW 2029

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: new south wales
Indicative rate for new south wales. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO new south wales for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 488 Old South Head Road, ROSE BAY, NSW 2029

One moment please.

Retrieving map...

Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
488 Old South Head Road, ROSE BAY, NSW 2029 Rose Bay
CBRE - Melbourne
CBRE - Melbourne
Level 34, 8 Exhibition Street, Melbourne, Victoria, 3000
View Agency Profile