Prime Investment In-Line Sale Opportunity in Rose Bay: Fully Leased Strata Building with Development Potential
553 Old South Head Road, Rose Bay, presents an exceptional opportunity to acquire a fully leased strata building in one of Sydney’s most prestigious suburbs. This property is not just an investment; it’s a gateway to long-term growth and security.
The building boasts six well-appointed 2-bedroom apartments, each featuring 2 bathrooms and a secure car space. These modern units are situated in a highly desirable location, ensuring strong rental appeal and stable returns. With the property being fully leased, investors can enjoy the benefits of a steady income stream.
Adding to its appeal, the building offers exciting development potential. Subject to council approval, there is an opportunity to add an additional level, thereby increasing both the number of units and the rental income. Concept schemes for this expansion are available for review, making this an attractive proposition for those looking to enhance their investment.
Situated in the prime suburb of Rose Bay, just a short drive from Sydney’s CBD, the property is surrounded by a vibrant community and renowned waterfront properties. It is also close to some of Sydney’s best schools, dining, and shopping, further enhancing its desirability. Excellent public transport links and local amenities make the location highly attractive to both tenants and investors. Furthermore, the building offers stunning water views, making it a standout investment opportunity in one of Sydney’s most sought-after locations.
This rare opportunity to invest in a fully leased property with development potential in Rose Bay is not to be missed. Whether you’re seeking to secure a stable rental income or capitalise on future growth, 553 Old South Head Road has it all.
