Share this property

realcommercial.com.au
CBRE - Sydney

485 Princes Highway Rockdale Rockdale, NSW 2216

Directions

485 Princes Highway Rockdale,
Rockdale, NSW 2216

Development Sites & Land • Shops & Retail • Other

Price information

Sale

Contact Agent

Key property information

Land area

Floor area

Tenure type

Private inspections

to arrange a private inspection.
CBRE - Sydney
Toby Silk
James Dow
Jake Hatch

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
CBRE - Sydney
485 Princes Highway Rockdale
Rockdale, NSW 2216

Map of 485 Princes Highway Rockdale

Directions
  • Train stations within 5 km of 485 Princes Highway Rockdale, Rockdale, NSW 2216Distance
    Rockdale Station100 m
    Banksia Station770 m
    Kogarah Station1.3 km
    Arncliffe Station1.9 km
    Carlton Station2.2 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 485 Princes Highway Rockdale, Rockdale, NSW 2216Distance
    Dulwich Hill Light Rail4.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 485 Princes Highway Rockdale, Rockdale, NSW 2216Distance
    Rockdale Station, Princes Hwy, Stand E83 m
    Rockdale Town Hall, Bryant St180 m
    St Josephs Primary School, Walz St220 m
    Princes Hwy Opp Hegerty St313 m
    Bay St Opp George St316 m
    POWERED BY HERE ©
POWERED BY HERE ©

Prime Freehold Opportunity in the Heart of Rockdale

  • E1 Local Centre | 2.5:1 FSR | 27m HOB
  • Located within NSW TOD Program
  • Occupy, Invest, Reposition
Offered to the market for the first time, CBRE as the exclusive sales agent, is pleased to present 485 Princes Highway, Rockdale to the market. An exceptionally rare opportunity to purchase a freehold land parcel in the heart of Rockdale with significant development upside (STCA).


The property is currently improved with a ground floor retail shop and a licensed brothel on the upper level. As the world’s oldest profession, the property is one of three* sex services premises which has a licence by council to operate in Rockdale.


485 Princes Highway also features fantastic development potential under NSW TOD Program and favourable planning controls allowing for a mixed use redevelopment (STCA).


485 Princes Highway, Rockdale benefits from the following key attributes;
- Mixed use two-storey freehold comprising G/F retail & licenced brothel above. To be sold in-one-line
- Situated in the heart of Rockdale Town Centre on a 267sqm* land parcel and 501sqm* of internal area
- $174,776.21* gross passing income per annum with significant rental reversion opportunity
- E1 Local Centre, 2.5:1 FSR & 27m height of building limit allowing for future repositioning opportunities
- Dual frontage providing significant traffic & signage exposure. Plentiful council parking located on Geeves Avenue & Pitt Street
- Positioned along Greeves Avenue only meters away from Rockdale Train Station and bus stops
- Set to benefit from NSW Government's Transport Oriented Development Program
- Occupy, Invest, Reposition


485 Princes Highway, Rockdale is offered for sale via Expression of Interest
closing on 12 December, 2024 at 12pm (AEDT)


For more information or to request access to the due diligence room, please contact the exclusive sales agent.


Approximate*

Property ID: 504729976Last Updated: 3 Dec 2024

Make an enquiry

What's your enquiry about?

Enter your details