508 Old South Head Road

Rose Bay NSW 2029

Ideal as a home plus 2 separate incomes or offering future scope to redesign as a substantial corporate headquarters or consulting rooms/office suites with strata potential (subj to Council approval).

The property is offered in one line. Existing features include
+ Classic character façade in the heart of vibrant shopping village
+ Recently updated large open plan shop, excellent exposure to target client base
+ Currently trading as a nail & waxing salon on a 3 by 3 year lease @ $33,800 p.a. + gst
+ Level access, glass shopfront, reception area, treatment room, kitchenette, separate wc
+ Well presented retail/display space includes contemporary lighting, high ceiling, tiled floor
+ Older style separate ground floor flat includes lounge, gas kitchen, bedroom, bathroom
+ Ground floor apartment tenanted on a periodic lease @ $250 per week
+ Entire top floor flat offers private entry area, large sunny N/W private entertaining terrace, large open plan living/dining room, neat older style kitchen with electric stove, enormous main bedroom, double size 2nd bedroom, neat bathroom, high ceilings, carpeted floors
+ Top floor apartment is now vacant but previously leased @ $550 per week including garage
+ Both flats and the shop enjoy easy access to shared laundry/store room and a shared level garden with rear lane access
+ Handy to transport, cafes, schools, churches/synagogues and Rose Bay harbour foreshore

Retain as is or capitalise on sought after village opportunitys unique capital growth potential!