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488 Old South Head Road, ROSE BAY, NSW 2029

+9 Photos

+11 Photos

SOLD

488 Old South Head Road, ROSE BAY, NSW 2029

Properties / Sold / New South Wales / Rose Bay

Development Potential

1. Property Summary

Property Type

Commercial, Mixed Use

Land Area

1,480 m² (*approx)

Selling Method

EOI: Closing 21st October 2019 at 2PM

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2. Property Highlights

A RARE MIXED-USE DEVELOPMENT OPPORTUNITY IN SYDNEY’S SALUBRIOUS ROSE BAY

- 488 Old South Head Road is a prominent land holding, located on the corner of Albemarle Avenue

- A level* site with mixed-use zoning controls, the property presents an extremely rare opportunity to develop an in-fill scheme to benefit from the perfect mix of amenities in the immediate vicinity, together with a 14m* height control, and a 1.5:1 FSR control

- Rose Bay is a salubrious suburb, located 7.6km* east of Sydney’s CBD

- The property is positioned 900m* south of Rose Bay Beach, 800m south of Rose Bay town centre and 1.2km* east of The Royal Sydney Golf Club

- The immediate vicinity comprises a thriving mix of medium-density residential, vibrant strip retailing and a range of leisure amenities

- Upon settlement, Caltex will remain in occupation under a Licence Agreement whilst the demolition and remediation works are being undertaken. A licence fee will be paid by Caltex during this period

- For more information on the full portfolio, please visit www.thenationaldevelopmentsiteportfolio.com.au

*Approx

Stonebridge Property Group

Lincoln Blackledge

+61 408 780 772

CBRE

Mark Wizel

+61 411 694 756

Julian White

+61 422 764 137

Remember to mention you found this property on DevelopmentReady

Development Potential

1. Property Summary

Property Type

Commercial, Mixed Use

Land Area

1,480 m² (*approx)

Selling method

EOI: Closing 21st October 2019 at 2PM

2. Property Highlights

A RARE MIXED-USE DEVELOPMENT OPPORTUNITY IN SYDNEY’S SALUBRIOUS ROSE BAY

- 488 Old South Head Road is a prominent land holding, located on the corner of Albemarle Avenue

- Rose Bay is a salubrious suburb, located 7.6km* east of Sydney’s CBD

- The property is positioned 900m* south of Rose Bay Beach, 800m south of Rose Bay town centre and 1.2km* east of The Royal Sydney Golf Club

- The immediate vicinity comprises a thriving mix of medium-density residential, vibrant strip retailing and a range of leisure amenities

- Upon settlement, Caltex will remain in occupation under a Licence Agreement whilst the demolition and remediation works are being undertaken. A licence fee will be paid by Caltex during this period

- For more information on the full portfolio, please visit www.thenationaldevelopmentsiteportfolio.com.au

*Approx

Stonebridge Property Group

Lincoln Blackledge

+61 408 780 772

CBRE

Mark Wizel

+61 411 694 756

Julian White

+61 422 764 137

Remember to mention you found this property on DevelopmentReady

Development Potential