Share this property

realcommercial.com.au
CBRE - Sydney

129-131 Bayswater Road Rushcutters Bay, NSW 2011

Directions

129-131 Bayswater Road,
Rushcutters Bay, NSW 2011

Shops & Retail • Development Sites & Land • Other

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

CBRE - Sydney
Gemma Isgro
Nicholas Heaton
Max Silk

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
CBRE - Sydney
129-131 Bayswater Road
Rushcutters Bay, NSW 2011

Map of 129-131 Bayswater Road

Directions

MIXED USE APARTMENT BLOCK WITH DEVELOPMENT UPSIDE

  • 12 Apartments & 2 retail shops
  • Gross Passing Income: $391,312* p.a
  • DA Approval for 36 hotel rooms
CBRE as exclusive listing agents are pleased to present 129-131 Bayswater Road, Rushcutters Bay. The property represents an premium apartment block investment opportunity in a blue chip locality with an existing DA approval.

129-131 Bayswater Road, Rushcutters Bay benefits from the following key attributes:

-Comprising 8 x studio apartments, 4 x 1-bed apartments and 2 retail shops to be sold in-one-line
-Site area of 208.1sqm* with high density B4 Mixed Use planning controls
- DA Approval for 36 self-contained hotel rooms
-Secure mixed-use residential apartment block investment with a combined gross passing income of $391,312* p.a
-Existing DA Approval for a 36 room hotel, all with kitchens and bathrooms, over 7 stories, plus ground floor retail opportunity (STCA)
-Set to benefit from Sydney's rental boom, significantly driving city fringe unit rentals

129-131 Bayswater Road, Rushcutters Bay will be sold via Public Auction at auctionWORKS on Tuesday 28th February at 10:30am (AEDT). Registration, online bidding and livestream available)

For more information, to arrange an inspection or to request access to the due diligence room, please contact the exclusive selling agents

*Approx

Property ID: 504243928Last Updated: 2 May 2023

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.

Make an enquiry

What's your enquiry about?

Enter your details

More properties from CBRE - Sydney

Other properties you might be interested in based on the location and property type you are looking at.