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3-5 The Avenue
Rose Bay NSW 2029
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Sold on 4 May 2021

3-5 The Avenue Rose Bay NSW 2029

  • Development / Land
  • 1,050 m²
  • Sold

Excellent development potential in a premium Rose Bay address

    Entry via William Street

    Representing an incredible investment opportunity in a premium Rose Bay address, this decommissioned substation provides excellent development potential with truly extensive prospects. The cleared site boasts an impressive 35 metres of site frontage.

    It provides the option to lease or utlise the property as a large workshop or storage space pending the DA. With an abundance of space for multiple boats and large vehicles, it includes the option to generate income via profitable storage leases, while commencing a brand new boutique complex.

    Sold as is, the site offers plenty of scope to make your mark in this prized Rose Bay address. It's set within moments of village shops, cafes, Harris Farm Markets and Parisis Food Hall, while offering effortless access to some of Sydney's best beaches.

    • Occupying an expansive block on a tree-lined street
    • Cleared site with four external access points and multiple internal
    • Freestanding solid double brick structure with high walls
    • Service entrance provides double car to large truck access
    • Opportunity to use the structure as a foundation for development
    • Provides multiple lucrative uses pending development approval
    • Fantastic potential to create luxury contemporary apartments
    • Expand upwards and take advantage of sweeping district views

    AUCTION

    Auction date and time04/05/2021 18:00
    Auction locationHomely Auction House

    Property Highlights

    Date Sold4 May 2021
    Floor Area1,050 m²
    Land Area1,050 m²
    ParkingAsk Agent
    Property ID2016940824
    Category
    Last updated  4 May 2021
    Map for 3-5 The Avenue Rose Bay NSW 2029

    Nearest transport* to 3-5 The Avenue Rose Bay NSW 2029

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    Property Highlights

    Date Sold4 May 2021
    Floor Area1,050 m²
    Land Area1,050 m²
    ParkingAsk Agent
    Property ID2016940824
    Category
    Last updated  4 May 2021

    Co-Agents

    Samuel Schumann
    Samuel Schumann
    Raine&Horne Unlimited
    Call
    0407986886
    James Nixon
    James Nixon
    Raine&Horne Unlimited
    Call
    0415889284

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