GENUINE VENDOR - TERRIFIC OPPORTUNITY
Perfectly located in a highly visible location with an abundance of pedestrian and vehicle exposure, this north east facing commercial building is ripe for refurbishment or redevelopment (STCA). The Rose Bay village precinct is undergoing unprecedented upgrades; an array of high quality residential projects and specific council focus (notably significant enhancement of the Wilberforce and Ian Street car parks). Enjoying favourable development controls (including an FSR of 2:1 and height limit of 14.1m - source Woollahra Council LEP) and rear lane access - 793-795 New South Head Road represents an outstanding opportunity to capitalise upon the prime c.247sqm site area.
+ Currently configured as two level with 4 tenancies (3 each with own bathroom or WC, some with kitchenettes)
+ Surrounded by well established retail precinct in a tightly held locale
+ A/C
+ Zoning B2 – Local Centre
+ Rear lane access
+ Opportunity to redevelop (STCA)
+ Two concept plans available from Bureau SRH for;
a) 4 storey building with 1 x retail and 3 x commercial suites, terraces, lift and 4 car parking (STCA) with rear lane access OR
b) 4 storey building with 1 x retail, 2 x commercial suites plus Residential Penthouse (3 bedroom/2 bathroom), terraces, lift and 4 car parking (STCA) with rear lane access
+ Harbour views from upper levels
+ Bus transport at your door and close to Rose Bay ferry
Contact Brad Caldwell-Eyles on brad@1stcity.com.au for Information Memorandum.
