682 Old South Head Rd, Rose Bay is a 10 bedroom, 7 bathroom House with 1 parking spaces and was built in 1925. The property has a land size of 693m2 and floor size of 252m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
This is a unique opportunity to secure a prime development site in Rose Bay, offering significant potential for a wide range of projects. Surrounded by established medium-density residential properties, the site presents strong development prospects in one of Sydney's most desirable suburbs. Ideally located just a short walk from key local amenities, including Coles Local, the Harris Farm flagship store, and a vibrant strip of boutique shops and cafs, this location is truly unmatched.
The existing properties are currently leased, providing immediate holding income, and a commercial/community development application is already in progress.
Development Highlights:
- Land Size: Approximately 1,391 sqm
- Pre DA for a childcare centre holding 105 children per day
- Currently returning circa $20,000 per month in rent
- Height Limit: 9.5 meters (current)
- Zoning: R2
- Commercial/Community DA: In progress
- Existing Property Highlights:
- Walking distance to major local amenities in Rose Bay
- Both existing properties have ongoing leases
- Close to Harris Farm, Bunnings, Coles Local, cafs, shops, gyms, and schools
- Bus services at your doorstep, offering easy access to Bondi Junction, Sydney - CBD, and surrounding areas
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 21.39% increase in median value, while Units have seen a 3.15% increase. As at 31 July 2026:
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