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Sold on 10 May 2018

405-409 Gardeners Road Rosebery NSW 2018

  • Development / Land
  • 1,088 m²
  • Sold

UNIQUE & VERSATILE SITE WITH DA APPROVAL

  • DA approved: 36 units and 5 retail shops
  • Land area: 1,088sqm*
  • Formerly a historic movie theatre

ICONIC BUILDING REDEVELOPMENT

CBRE is pleased to present ‘The Marina Picture Palace’ – 405-409 Gardeners Road, Rosebery. This mixed use development site has been DA approved for 36 luxury residential units and 5 ground floor retail shops. The property offers developers and investors the opportunity to transform this historically significant site into an iconic apartment block by way of the DA, or venture to return the building to its former glory as a theatre, accommodation or creative space in one of Sydney’s most vibrant centres.

‘The Marina Picture Palace’ capitalises on the following key attributes:

- Land area: 1,088sqm*
- DA approved for 36 residential units and 5 retails shops
- Versatile B1 Neighbourhood Centre zoning
- Ideal for a variety of uses (accommodation, cinema, or creative space)
- Formerly an iconic movie theatre, beginning operations in 1927
- Buses to the Sydney CBD available directly outside property
- 850m* from Rosebery’s renowned food district
- 4.7km* from Sydney CBD
- Located closely to the University of New South Wales, University of Sydney and the Prince of Wales Hospital
- Only a short distance to the Eastern Beaches including Coogee, Clovelly and Maroubra
- Young professional and tertiary student demographic
- High performing residential suburb in Sydney’s inner fringe

*Approximate

‘The Marina Picture Palace’ will be made available for sale via public auction on Tuesday, 27 March 2018 at 10.30am at AuctionWORKS.

For further details, please contact the exclusive CBRE selling agents:

Simon Lytton
0409 206 165
simon.lytton@cbre.com.au

Ben Wicks
0422 206 015
ben.wicks@cbre.com.au

AUCTION

Auction date and time27/03/2018 10:00
Auction locationLevel M, 50 Margaret Street, Sydney

Property Highlights

Property ID2014210350
Date Sold10 May 2018
Floor Area1,175 m²
Land Area1,088 m²
ParkingAsk Agent
Category
Last updated  9 Jan 2019
Map for 405-409 Gardeners Road Rosebery NSW 2018
CBRE Sydney
Level 21 363 George Street Sydney NSW 2000

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