Name: 665 Old South Head Road, Rose Bay, NSW, 2029
Address: 665 Old South Head Road , NSW, Rose Bay, NSW, 2029
Telephone: +61 411 227 784

+14 Photos

SOLD

665 Old South Head Road, Rose Bay, NSW, 2029

Properties / Sold / New South Wales / Rose Bay

Development Potential

Property Type

Commercial, Residential, Mixed Use

Sub Type

Office, Retail/Shopping Centre

Land Area

430 m² (*approx)

Selling Method

For Sale: Contact Agent

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Mixed Use Freehold Investment with Substantial Development Upside

Ray White Commercial Eastern Suburbs + Ray White Double Bay are pleased to present to market 665 Old South Head Rd, Rose Bay being sold via Auction.

Property Highlights:

- Located in the heart of Rose Bay Shopping Village, less than 10kms from Sydney's CBD.

- First time offered in 70 years, a generational opportunity awaits for developers, investors + / or future owner occupiers.

- Undercapitalised freehold building with significant potential to add value

- Incredible opportunity to develop a 4 level mixed use residential apartment & retail complex^

- Comprises of 2 x retail shops, 2 x offices + seperate 3 bedroom residence with dual access.

- Estimated fully leased income of $160,000 per annum with scope for rental uplift.

- Offers rear lane access with lockup garage + additional onsite parking for 2 cars.

- Situated close to Coles, Australia Post, Bunnings, Harris Farm, local cafes, gyms + schools

- Bus services on the property's doorstep offers access to transport links to Bondi Junction, Sydney CBD + surrounding amenities.

Development Highlights:

- Site Area: 430m2*

- Existing Building Area: 352m2*

- Potential Building Area: 645m2^

- 1.5:1 FSR / Height Limit 13m

- Flexible E1 Local Centre Zoning allowing for both residential / commercial uses^

* Approx

^ Subject to Council Approval

Inspection Times:

By Appointment Only

Zorick Toltsan | RWC - Eastern Suburbs

Daniel Ungar | Ray White Double Bay

Property Type

Commercial, Residential, Mixed Use

Sub-type

Office, Retail/Shopping Centre

Land Area

430 m² (*approx)

Selling method