This is a unique chance to secure a prime development site in Rose Bay, offering vast potential for a variety of projects. Surrounded by medium-density residential properties, this site presents limitless development possibilities. It is just a short walk from key local amenities, including Coles Local, Harris Farm flagship store, and a bustling strip of boutique shops, making the location truly unrivaled. The existing properties are currently leased, providing immediate rental income, and a commercial/community development application is in progress. Additionally, potential future rezoning to R3 could further increase the site's development opportunities. Development Highlights: • Land Size: Approximately 1,391 sqm • Height Limit: 9.5 meters (current) • Zoning: R2 (current) with potential rezoning to R3 • Commercial/Community DA: In progress Existing Property Highlights: • Walking distance to major local amenities in Rose Bay • Both existing properties have ongoing leases • Close to Harris Farm, Bunnings, Coles Local, cafés, shops, gyms, and schools • Bus services at your doorstep, offering easy access to Bondi Junction, Sydney CBD, and surrounding areas Express Of Interest: 682-684 Old South Head Road, Rose Bay, will be offered for sale via an Expressions of Interest campaign closing on Wednesday, 15th November 2024, at 5:00pm. Further Information: An information memorandum is available upon request. For more details, please contact the listing agent Edwin Wang at 0413 089 339.
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Immobilie ID: 504717280