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
