516 Old South Head RoadRose Bay NSW 2029
Property Details for 516 Old South Head Rd, Rose Bay
516 Old South Head Rd, Rose Bay is a 6 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 278m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in October 2009.
Last Listing description (April 2025)
Hart Estate Agents + Ray White Commercial Eastern Suburbs are pleased to offer 516 & 518 Old South Head Rd, Rose Bay to the market for sale by Public Auction.
The properties offer a rare, once in a lifetime opportunity to secure two mixed use freeholds in one of Sydney's most prestigious and affluent suburbs with significant development potential.
Rose Bay is currently undergoing major transformation, with a proposed new Woolworths and many high quality mixed use developments recently completed and under construction.
516 & 518 Old South Head Rd comprises 2 retail tenancies, 3 residential units and rear lane access to onsite parking via Dover Lane, this opportunity is one not to be missed.
Key Highlights:
- Located in one of Rose Bay's major retail / commercial / residential hubs, close to local amenities.
- Combined Site Area: 582m2* with a 15m frontage* to Old South Head Rd.
- Mix of 1 x 3 bedroom, 1 x 2 bedroom + 1 x 1 bedroom plus 2 retail tenancies
- Favorable planning controls in versatile MU1 Mixed Use Zoning
- Current Annual Income: $280,000 per annum* with flexible leases + demolition clauses in place
- Close to Harris Farm, Bunnings, upcoming Woolworths development, Chemist Warehouse, local cafes, shops, gyms + schools.
- Bus services on the property's doorstep offer access to transport links to Bondi Junction, Sydney CBD + surrounding amenities.
Planning Controls (Woollahra LEP 2014):
- Site Area: 582m2*
- FSR 1.5:1 | Height Limit 14.5m
- Permissible Gross Floor Area: 873m2^ (subject to council approval)
- MU1 Mixed Use Zoning
* Approx
The properties are being sold via Expressions of Interest, closing Wednesday 11th December, 2024 at 4pm (AEDT)
For further details, please contact the exclusive selling agents on details below.
Alex Hart
Hart Estate Agents
0418 245018
alex.h@hartestateagents.com.au
Zorick Toltsan
Ray White Commercial Eastern Suburbs
0411 227784
ztoltsan@raywhite.com
Property History for 516 Old South Head Rd, Rose Bay, NSW 2029
- 29 Apr 2025Listed for Sale Expressions of interest
- 01 Nov 2024Listed for Sale Price on Application
- 24 Jun 2020Listed for Rent $400 / week
Recent sales nearby
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0About Rose Bay 2029
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 6,117 properties. Over the last 5 years, Houses in Rose Bay have seen a 28.13% increase in median value, while Units have seen a 9.15% increase. As at 31 May 2026:
- The median value for Houses in Rose Bay is $7,078,563 while the median value for Units is $1,637,844.
- Houses have a median rent of $2,500 while Units have a median rent of $975.
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