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RWC - Eastern Suburbs

516 - 518 Old South Head Rd, Rose Bay, NSW 2029

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516 - 518 Old South Head Rd,,
Rose Bay, NSW 2029

Development Sites & Land • Shops & Retail • Offices

Price information

Sale - Auction Mon 2 Dec

CONTACT AGENT

Detailed listing

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RWC - Eastern Suburbs
Zorick Toltsan

RWC - Eastern Suburbs

Suite 303, Level 3, 179-191 New South Head Road
EDGECLIFF, NSW 2027
RWC - Eastern Suburbs
516 - 518 Old South Head Rd,
Rose Bay, NSW 2029

Detailed listing

Map of 516 - 518 Old South Head Rd,

Directions
  • Train stations within 5 km of 516 - 518 Old South Head Rd,, Rose Bay, NSW 2029Distance
    Bondi Junction Station3 km
    Edgecliff Station3.5 km
    Kings Cross Station4.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 516 - 518 Old South Head Rd,, Rose Bay, NSW 2029Distance
    Old South Head Rd at Dover Rd7 m
    Dover Rd at Old South Head Rd62 m
    Old South Head Rd Near Beaumont St78 m
    Old South Head Rd Near Albemarle Av143 m
    Dover Rd Near Carlisle St246 m
    POWERED BY HERE ©
POWERED BY HERE ©

Eastern Suburbs Mixed Use Development Site

  • Combined Site Area of 582m2 (approx)
  • 2 retail tenancies + 3 apartments
  • Substantial Passing Income: $280kpa
Ray White Commercial Eastern Suburbs + Hart Estate Agents are pleased to offer 516 + 518 Old South Head Rd, Rose Bay, for sale by Public Auction.

Rare once in a lifetime opportunity to secure two mixed use freeholds in one line in of Sydney's most prestigious + affluent suburbs with significant development potential.

516 + 518 Old South Head Rd comprises 2 retail tenancies, 3 residential units and rear lane access to onsite parking via Dover Lane, this opportunity is one not to be missed.

Key Highlights:

- Located in one of Rose Bay's major retail / commercial / residential hubs, close to local amenities.
- Combined Site Area: 582m2* with a 15m frontage* to Old South Head Rd.
- Mix of 1 x 3 bedroom, 1 x 2 bedroom + 1 x 1 bedroom plus 2 retail tenancies
- Favourable planning controls in versatile MU1 Mixed Use Zoning
- Annual Income: $280,000 per annum* with flexible leases + demolition clauses in place
- Close to Harris Farm, Bunnings, upcoming Woolworths development, Chemist Warehouse, local cafes, shops, gyms + schools.
- Bus services on the property's doorstep offer access to transport links to Bondi Junction, Sydney CBD + surrounding amenities.

Planning Controls (Woollahra LEP 2014):

- Site Area: 582m2*
- FSR 1.5:1 | Height Limit 14.5m
- Permissible Gross Floor Area: 873m2^ (subject to council approval)
- MU1 Mixed Use Zoning

* Approx

The Auction will be held on Tuesday, 3rd December 2024 at 5pm (AEDT) at the Homely Auction House located on Level 1, 29-33 Bay St, Double Bay.

For further details, please contact the exclusive selling agents on details below.

Additional information

Property ID: 504727412Last Updated: 1 Nov 2024

RWC - Eastern Suburbs
Suite 303, Level 3, 179-191 New South Head Road
EDGECLIFF, NSW 2027
Hart Estate Agents - Rose Bay
527 Old South Head Rd
ROSE BAY, NSW 2029

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