665 Old South Head Road Rose Bay, NSW 2029

Ray White Double Bay + Ray White Commercial Eastern Suburbs are pleased to present to market 665 Old South Head Rd, Rose Bay

Property Highlights:

• Located in the heart of Rose Bay Shopping Village, less than 10kms from Sydney's CBD.
• First time offered in 70 years, a generational opportunity awaits for developers, investors + / or future owner occupiers.
• Undercapitalised freehold building with significant potential to add value
• Incredible opportunity to develop a 4 level mixed use residential apartment & retail complex^
• Comprises of 2 x retail shops, 2 x offices + seperate 3 bedroom residence with dual access.
• Estimated fully leased income of $160,000 per annum with scope for rental uplift.
• Offers rear lane access with lockup garage + additional onsite parking for 2 cars.
• Situated close to Coles, Australia Post, Bunnings, Harris Farm, local cafes, gyms + schools
• Bus services on the property's doorstep offers access to transport links to Bondi Junction, Sydney CBD + surrounding amenities.

Development Highlights:

• Site Area: 430m2*
• Existing Building Area: 352m2*
• Potential Building Area: 645m2^
• 1.5:1 FSR / Height Limit 13m
• Flexible E1 Local Centre Zoning allowing for both residential / commercial uses^

* Approx
^ Subject to Council Approval

Inspection Times:
By Appointment Only

Zorick Toltsan | RWC - Eastern Suburbs
Daniel Ungar | Ray White Double Bay