629 New South Head RoadRose Bay NSW 2029
Property Details for 629 New South Head Rd, Rose Bay
629 New South Head Rd, Rose Bay is a 5 bedroom, 5 bathroom House and was built in 1904. The property has a land size of 887m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (February 2024)
This grand harbourfront residence represents a once-in-a-lifetime opportunity, occupying a substantial north-facing, level corner parcel with exciting future development potential (STCA). It features two separate wings, an additional one-bedroom self-contained cottage/guest house plus potential for substantial income by continuing the current owner's childcare business.
This exquisite double fronted family estate showcases elegant c1880s period features, soaring ornate ceilings and stunning original leadlight windows. An array of elegant casual and formal living areas spill onto picturesque gardens, sun-soaked Travertine terraces and balconies with views over the boat-studded harbour.
The lower section of the main residence is highly versatile and has been utilised by the current owner as the preparatory school, however, there is the option to convert the space back to its former glory or utilise the scope for dual occupancy. Zoned R3 Medium Density, it also provides lucrative potential to create a luxury boutique development (STCA).
The layout incorporates an abundance of accommodation, plus a separate self-contained cottage/guest house that would be perfect for Au Pairs, live-in carers or Airbnb. It also features double parking and an additional entrance via Balfour Road.
Properties of this calibre and pedigree are rarely offered, combining magnificent scale, a prestigious address plus exciting possibilities to further capitalise.
For all your home loan needs please give the team at Highland Financial Services a call on 02 9523 2699 or visit www.highlandfinancialservices.com.au
Property History for 629 New South Head Rd, Rose Bay, NSW 2029
- 24 Feb 2022Sold for $16,000,000
- 15 Feb 2022Listed for Sale Expressions of Interest
- 03 Nov 2021Listed for Sale Expressions of Interest
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0About 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 6,039 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.
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