682 Old South Head RoadRose Bay NSW 2029
Property Details for 682 Old South Head Rd, Rose Bay
682 Old South Head Rd, Rose Bay is a 10 bedroom, 7 bathroom House and was built in 1925. The property has a land size of 693m2 and floor size of 252m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 10 bedroom House sold in Rose Bay in the last 12 months.
Last Listing description (October 2024)
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
Close to Harris Farm, Bunnings, Coles Local, cafs, shops, gyms, and schools
Bus services at your doorstep, offering easy access to Bondi Junction, Sydney CBD, and surrounding areas
Express Of Interest:
682-684 Old South Head Road, Rose Bay, will be offered for sale via an Expressions of Interest campaign closing on Wednesday, 15th November 2024, at 5:00pm.
Further Information:
An information memorandum is available upon request. For more details, please contact the listing agent Edwin Wang at 0413 089 339.
Property History for 682 Old South Head Rd, Rose Bay, NSW 2029
- 21 Oct 2024Listed for Sale Expression of Interest
- 21 Dec 2023Sold for $4,200,000
- 08 Jun 2023Listed for Rent $650 / week
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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 5,996 properties. Over the last 5 years, Houses in Rose Bay have seen a 59.95% increase in median value, while Units have seen a 35.66% increase. As at 31 October 2024:
- The median value for Houses in Rose Bay is $6,375,457 while the median value for Units is $1,628,446.
- Houses have a median rent of $1,500 while Units have a median rent of $900.
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