FOR SALE
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682-684 Old South Head Road
Rose Bay NSW 2029

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1391m2
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Rare Rose Bay Development Site - 1,391 sqm with Endless Potential & Prime Location

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
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Property Details for 682-684 Old South Head Rd, Rose Bay

Building Type
Commercial
Land Size
1391m2

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About Rose Bay 2029

The size of Rose Bay is approximately 2.5 square kilometres. It has 15 parks covering nearly 35.5% of total area. The population of Rose Bay in 2011 was 9,401 people. By 2016 the population was 10,027 showing a population growth of 6.7% in the area during that time. The predominant age group in Rose Bay is 30-39 years. Households in Rose Bay are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Rose Bay work in a professional occupation. In 2011, 54.9% of the homes in Rose Bay were owner-occupied compared with 52.8% in 2016.

Rose Bay has 5,993 properties. Over the last 5 years, Houses in Rose Bay have seen a 46.19% increase in median value, while Units have seen a 40.84% increase. As at 30 September 2024:

  • The median value for Houses in Rose Bay is $6,381,010 while the median value for Units is $1,653,228.
  • Houses have a median rent of $1,575 while Units have a median rent of $900.
There are currently 31 properties listed for sale, and 8 properties listed for rent in Rose bay on OnTheHouse. According to CoreLogic's data, 225 properties were sold in the past 12 months in Rose bay.

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Edwin Wang
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Ray White Waterloo
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