44 Frederick Street

This multilevel freehold building presents a rare and versatile opportunity, combining premium commercial space with fully renovated residential accommodation. Ideal for investors, developers, or owner-occupiers seeking immediate income and long-term growth potential. Strategically located within the LMR and TOD (Transport-Oriented Development) precinct, and offered below replacement cost, this asset provides exceptional value with multiple avenues for uplift and redevelopment. Perfectly positioned just 300m from Rockdale Train Station and minutes from Sydney Airport, this property enjoys seamless connectivity to Princes Highway, Airport Drive, the M5, and the upcoming M6 Stage 1. Zoned R4 High Density Residential - prime for future redevelopment Located within LMR & TOD precincts - supporting higher density and mixed-use outcomes Prime location only 300m* from Rockdale Station Existing gym tenancy with demolition clause for flexibility Fully renovated 2/3 bedroom residential accommodation on site Offered below replacement cost - outstanding value opportunity Generous landholding: 648m²* Total building area: 1,015m²* Commercial/Retail: 864m²* A truly connected and high-growth location, offering the perfect balance of income, development potential, and long-term capital appreciation.