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

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 caf�s, 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, caf�s, shops, gyms, and schools
- Bus services at your doorstep, offering easy access to Bondi Junction, Sydney - CBD, and surrounding areas