40 Frederick Street, Rockdale, NSW 2216 sold on 09 April 2025 | OnTheHouse
SOLD
Sold on 09 Apr 2025 for $3,500,000

40 Frederick Street
Rockdale NSW 2216

Bedrooms: 15
Bathrooms: 7
Car spaces: 7
Floor area: 384m2
Land area: 462m2
Sold By
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Pedro De Matos
Harcourts Petersham
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Property Details for 40 Frederick St, Rockdale

40 Frederick St, Rockdale is a 15 bedroom, 7 bathroom House with 7 parking spaces. The property has a land size of 462m2 and floor size of 384m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 15 bedroom House sold in Rockdale in the last 12 months.

Building Type
House
Floor Size
384m2
Land Size
462m2
Local Government
Bayside
Lot/Plan
2/DP216274

Last Listing description (June 2025)

Presenting a rare investment opportunity, this entire block of 7 units (6 x 2-bedroom apartments, 1 x 3-bedroom apartment) is now available for sale. With a prime location in the heart of Rockdale, this property offers substantial development potential, solid rental returns, and a unique chance to secure a versatile real estate asset in a highly sought-after area.

Each apartment is well-maintained and offers spacious living areas, with secure parking options that cater to a variety of tenants, from young professionals to small families. Whether you're looking to hold and enjoy the current rental income or take advantage of future development potential, this property is ideal for astute investors.

Property Overview:

*6 x 2-bedroom apartments
*1 x 3-bedroom apartment
*3 lock-up garages
*3 additional car spaces
*Zoned R4 development potential (STCA)
*Land size: Approx. 460 sqm
*GAR: Approx. $200,000 per annum
*Close to local shops, schools, and public transport
*A short distance to Rockdale Train Station, shopping precinct, and major roadways
*Easy access to the beach, Brighton-Le-Sands, and major transport routes

Key Features:

*Development Potential: Zoned R4 for high-density residential use, this site offers a range of development opportunities, including the possibility of building multi-story
apartments (STCA).
*Prime Location: The property is located just minutes from Rockdale Train Station, which offers quick access to the CBD, and is within walking distance to Rockdale Plaza, local
parks, and schools.
*Well-Maintained Units: Each apartment offers modern finishes, well-sized rooms, and practical layouts with ample storage and parking options.
*Parking: In addition to the lock-up garages, there are 3 car spaces onsite, catering to the demand for parking in the area.

Rental Returns (approximate):

*6 x 2-bedroom
*1 x 3-bedroom

Council : $2878 p/annum
Water : $7800 p/annum

With strong rental demand in this area and excellent growth prospects, 40 Frederick Street is the perfect opportunity for investors seeking a stable income with the added benefit of development upside.

Don't miss out on this rare offering. Secure a premium investment with long-term potential in a thriving area that's close to everything Rockdale has to offer!

Contact us today to arrange an inspection and explore the future possibilities this property has to offer.

Property History for 40 Frederick St, Rockdale, NSW 2216

A timeline of how this property has performed in the market
Last Sold
$3,500,000
09 Apr 2025
Listed for Rent
$400/w
13 Dec 2021
  • 09 Apr 2025
    Sold for $3,500,000
  • 06 Mar 2025
    Listed for Sale Auction
  • 02 Nov 2021
    Listed for Rent $400 / week
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About Rockdale 2216

The size of Rockdale is approximately 2.4 square kilometres. It has 12 parks covering nearly 13.1% of total area. The population of Rockdale in 2016 was 15534 people. By 2021 the population was 15475 showing a population decline of 0.4% in the area during that time. The predominant age group in Rockdale is 30-39 years. Households in Rockdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rockdale work in a professional occupation.In 2021, 49.70% of the homes in Rockdale were owner-occupied compared with 49.30% in 2016.

Rockdale has 8,186 properties. Over the last 5 years, Houses in Rockdale have seen a 51.57% increase in median value, while Units have seen a 14.45% increase. As at 30 November 2025:

  • The median value for Houses in Rockdale is $1,797,711 while the median value for Units is $732,375.
  • Houses have a median rent of $690 while Units have a median rent of $700.
There are currently 43 properties listed for sale, and 39 properties listed for rent in Rockdale on OnTheHouse. According to Cotality's data, 338 properties were sold in the past 12 months in Rockdale.

Suburb Insights for Rockdale 2216

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.