Set in one of the Eastern Suburbs' most sought-after locations, this property offers immense potential for redevelopment or a landmark luxury project (STCA).
Comprising two lots, this substantial 1,117sqm* landholding presents unrivalled potential for a luxury residential development (STCA). Benefiting from R3 Medium Density Residential zoning and significant recent planning reforms, the site allows for 22m height limit and a 2.2:1 FSR - delivering a potential GFA of approximately 2,457.40sqm*.
Developers can also apply to use the Infill Affordable Housing provisions and receive up to a further 30% in FSR and height.
Nestled in one of Sydney's most prestigious harbourside suburbs, this exceptional site boasts a premier location in Rose Bay. Just a short stroll from the waterfront, it offers effortless access to public transport and a vibrant selection of local amenities. Residents will enjoy walking distance to Rose Bay Beach, the Rose Bay Wharf ferry terminal, and an array of charming cafés, acclaimed restaurants, and boutique shops along New South Head Road.
The site is also conveniently close to two of Sydney's most exclusive golf clubs - the Royal Sydney Golf Club and Woollahra Golf Club - offering unparalleled lifestyle and leisure opportunities.
The size of Rose Bay is approximately 2.5 square kilometres. There are 15 parks, covering nearly 35.5% of the total area. The population of Rose Bay in 2016 was 10053 people. By 2021 the population was 9911 showing a population decline of 1.4% in the area during that time. The predominant age group in Rose Bay is 30-39 years. Households in Rose Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Rose Bay work in a professional occupation.In 2021, 53.80% of the homes in Rose Bay were owner-occupied compared with 52.80% in 2016.
Rose Bay has 6,118 properties. Over the last 5 years, Houses in Rose Bay have seen a 21.50% increase in median value, while Units have seen a 8.26% increase. As at 30 June 2026:
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