129-131 Bayswater Road Rushcutters Bay NSW 2011

CBRE as exclusive listing agents are pleased to present 129-131 Bayswater Road, Rushcutters Bay. The property represents an premium apartment block investment opportunity in a blue chip locality with an existing DA approval.

129-131 Bayswater Road, Rushcutters Bay benefits from the following key attributes:

-Comprising 8 x studio apartments, 4 x 1-bed apartments and 2 retail shops to be sold in-one-line
-Site area of 208.1sqm* with high density B4 Mixed Use planning controls
- DA Approval for 36 self-contained hotel rooms
-Secure mixed-use residential apartment block investment with a combined gross passing income of $391,312* p.a
-Existing DA Approval for a 36 room hotel, all with kitchens and bathrooms, over 7 stories, plus ground floor retail opportunity (STCA)
-Set to benefit from Sydney's rental boom, significantly driving city fringe unit rentals

129-131 Bayswater Road, Rushcutters Bay will be sold via Public Auction at auctionWORKS on Tuesday 28th February at 10:30am (AEDT). Registration, online bidding and livestream available)

For more information, to arrange an inspection or to request access to the due diligence room, please contact the exclusive selling agents

*Approx