682-684 Old South Head Road, Rose Bay NSW 2029

Property Details: • Type: House

• Bedrooms: 10 • Bathrooms: 7

Description: This is a unique opportunity to secure a prime development site in Rose Bay, offering significant potential for a wide range of projects. Surrounded by established medium-density residential properties, the site presents strong development prospects in one of Sydney's most desirable suburbs. Ideally located just a short walk from key local amenities, including Coles Local, the Harris Farm flagship store, and a vibrant strip of boutique shops and cafés, this location is truly unmatched. The existing properties are currently leased, providing immediate holding income, and a commercial/community development application is already in progress. Development Highlights: - Land Size: Approximately 1,391 sqm - Pre DA for a childcare centre holding 105 children per day - Currently returning circa $20,000 per month in rent - Height Limit: 9.5 meters (current) - Zoning: R2 - Commercial/Community DA: In progress - Existing Property Highlights: - Walking distance to major local amenities in Rose Bay - Both existing properties have ongoing leases - Close to Harris Farm, Bunnings, Coles Local, cafés, shops, gyms, and schools - Bus services at your doorstep, offering easy access to Bondi Junction, Sydney - CBD, and surrounding areas