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Block of Units

483 Old South Head Road Rose Bay, NSW 2029

Sold on 7 Oct 2021Floorplan
  • 8 Beds
  • 8 Baths
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483 Old South Head Road, Rose Bay, NSW 2029

Block of Units in Rose Bay

Mixed Use Freehold With DA Approval For Development

  • 8 Beds
  • 8 Baths

A premium development opportunity for sale via online public auction. Commanding a prominent location, 483 Old South Head Road, Rose Bay presents a rare opportunity to purchase an entire block of apartments, currently comprising of 2 shops, 4 x 1-bedroom apartments and a 2-bedroom plus study apartment. The property is also DA approved for a 3 storey mixed use building, including 2 commercial shops and 9 residential apartments.

  • Currently comprising 4 x 1 bedroom apartments, 1 x 2 bedroom apartment, 2 x commercial shops
  • DA approved for 7 x 1 bedroom apartments, 1 x 2 bedroom apartment, 1 x 3 bedroom apartment plus 2 x commercial shops
  • DA approved net sellable area of 700sqm approx.
  • Exceptional location in the heart of Rose Bay, close to cafes, shops and restaurants
  • Favourable planning controls including 15m height of building & FSR 1.5:1
  • Land area 582sqm approx.

For sale via online public auction on Thursday 21st October 2021

Inspect - By Appointment

Co-Agent with I.B Property
Paul Grasso 0434 497 793

Ray White Double Bay - The Team of Professionals You Deserve
Our recommended loan broker www.loanmarket.com.au/daniel-pym

Bedrooms:

8

Bathrooms:

8