706 New South Head Road,
Rose Bay, NSW 2029
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RWC - Lower North Shore
102 Glover StreetMOSMAN, NSW 2088
706 New South Head Road
Rose Bay, NSW 2029
Detailed listing
Map of 706 New South Head Road
INVESTMENT OPPORTUNITY WITH HUGE DEVELOPMENT POTENTIAL
RWC Sydney North and RWC Eastern Suburbs as exclusive selling Agents are delighted to present this prime freehold asset located at 706 New South Head Road, Rose Bay.
Positioned in one of the Eastern Suburb's most tightly held retail precincts, this commercial property is an astute opportunity to purchase a substantial freestanding commercial building in the heart of Rose Bay with excellent future development potential.
This two level freehold building has an expansive 6.3m* frontage to New South Head Road, complete with rear lane access to Collins Avenue and parking for up to three cars on a stacked basis. The property enjoys a generous E1 Local Centre Zoning with a 14.1 metre height limit on a 202 sqm* parcel of land.
Well positioned in the centre of Rose Bay's retail hub and within walking distance to bars, cafes, restaurants, two major supermarkets, as well as specialty stores, niche retailers, financial institutions, professional services and medical specialists.
The current tenant is on holdover with a Gross Income of $95,481 per annum + GST*
This fantastic opportunity boasts a great investment opportunity with potential for development upside (STCA).
Property Highlights:
• Net Lettable Area: 194 sqm*
• Land Area: 202 sqm*
• Parking for up to 3 cars on a stacked basis
• Rear Lane Access to Collins Avenue
• Gross Income of $95,481 per annum + GST*
*all figures are approximate
For further information or to arrange an inspection please contact:
Grant Whiteman| 0418 244 566
gwhiteman@raywhite.com
Max Stephens | 0429 500 1...
max.stephens@raywhite.com
Scott Stephens | 0434 341 0...
scott.stephens@raywhite.com
Positioned in one of the Eastern Suburb's most tightly held retail precincts, this commercial property is an astute opportunity to purchase a substantial freestanding commercial building in the heart of Rose Bay with excellent future development potential.
This two level freehold building has an expansive 6.3m* frontage to New South Head Road, complete with rear lane access to Collins Avenue and parking for up to three cars on a stacked basis. The property enjoys a generous E1 Local Centre Zoning with a 14.1 metre height limit on a 202 sqm* parcel of land.
Well positioned in the centre of Rose Bay's retail hub and within walking distance to bars, cafes, restaurants, two major supermarkets, as well as specialty stores, niche retailers, financial institutions, professional services and medical specialists.
The current tenant is on holdover with a Gross Income of $95,481 per annum + GST*
This fantastic opportunity boasts a great investment opportunity with potential for development upside (STCA).
Property Highlights:
• Net Lettable Area: 194 sqm*
• Land Area: 202 sqm*
• Parking for up to 3 cars on a stacked basis
• Rear Lane Access to Collins Avenue
• Gross Income of $95,481 per annum + GST*
*all figures are approximate
For further information or to arrange an inspection please contact:
Grant Whiteman| 0418 244 566
gwhiteman@raywhite.com
Max Stephens | 0429 500 1...
max.stephens@raywhite.com
Scott Stephens | 0434 341 0...
scott.stephens@raywhite.com
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Property ID: 504418292Last Updated: 23 Jan 2024
RWC - Lower North Shore102 Glover Street
MOSMAN, NSW 2088
MOSMAN, NSW 2088
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