LOCATION:
128-130 Rothschild Avenue, Rosebery is a well-renowned building in the heart of Rosebery. Its desirable location takes advantage of the energy and creativity that Rosebery offers.
The Property is located right opposite Turruwul Park, 350 metres away from the famous 'The Cannery', only a short walk to a variety of caf/restaurants, gyms, childcare centres, and large retail brands including Woolworths and IGA.
Access to the property by car is easy as multiple motorways are located right on its doorstep, including the newly opened M8 and the Eastern Distributor, which runs right through Rosebery with an exit ramp less than a five-minute drive from the site.
THE OPPORTUNITY:
This concrete constructed 1970's office building has undergone a recent and extensive refurbishment to an incredibly high standard and is now one of the most desirable buildings in Rosebery.
Spanning four levels, the building features a central light well which helps provide for excellent natural light throughout, district and park views, security car parking for 16 cars and 6 storage spaces. It has all the necessary amenities including shower facilities, swipe card security access, a sizeable 17-person lift and modern air-conditioning throughout. The building is always buzzing thanks to the popular Sub-Station Caf on the ground floor.
FEATURES INCLUDE:
Asking Price: $13.25m
100% fully leased building
Amazing refurbishment including part new roofing and mostly new air-conditioning units
Currently under-rented with rental reversion available
Current NET annual income of $872,506.98 per annum
1,707sqm Net Lettable Area
966.2sqm Site Area
Secure Parking for 16 cars and 6 storage spaces
Zoned E2 Productivity Support
Typical suites enjoy an abundance of natural light, private amenities, high ceilings and independent air conditioning
Bus stop located directly outside the property connecting tenants to Green Square station, Sydney CBD or Central Station.
For further information please contact the below selling agents.
Daniel O'Brien - 0404 860 747
James McCourt - 0411 785 861
Joshua Watts - 0411 095 247
The size of Rosebery is approximately 1.9 square kilometres. It has 8 parks covering nearly 2.9% of total area. The population of Rosebery in 2011 was 8,479 people. By 2016 the population was 10,115 showing a population growth of 19.3% in the area during that time. The predominant age group in Rosebery is 20-29 years. Households in Rosebery are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rosebery work in a professional occupation. In 2011, 64% of the homes in Rosebery were owner-occupied compared with 54.5% in 2016.
Rosebery has 7,777 properties. Over the last 5 years, Houses in Rosebery have seen a 53.00% increase in median value, while Units have seen a 24.16% increase. As at 31 July 2024:
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