405 Gardeners RoadRosebery NSW 2018
Property Details for 405 Gardeners Rd, Rosebery
Last Listing description (July 2018)
ICONIC BUILDING REDEVELOPMENT
CBRE is pleased to present The Marina Picture Palace 405-409 Gardeners Road, Rosebery. This mixed use development site has been DA approved for 36 luxury residential units and 5 ground floor retail shops. The property offers developers and investors the opportunity to transform this historically significant site into an iconic apartment block by way of the DA, or venture to return the building to its former glory as a theatre, accommodation or creative space in one of Sydney s most vibrant centres.
The Marina Picture Palace capitalises on the following key attributes:
- DA approved for 36 residential units and 5 retails shops
- Versatile B1 Neighbourhood Centre zoning
- Ideal for a variety of uses (accommodation, cinema, or creative space)
- Formerly an iconic movie theatre, beginning operations in 1927
- Buses to the Sydney CBD available directly outside property
- 850m* from Rosebery s renowned food district
- 4.7km* from Sydney CBD
- Located closely to the University of New South Wales, University of Sydney and the Prince of Wales Hospital
- Only a short distance to the Eastern Beaches including Coogee, Clovelly and Maroubra
- Young professional and tertiary student demographic
- High performing residential suburb in Sydney s inner fringe
*Approximate
The Marina Picture Palace will be made available for sale via public auction on Tuesday, 27 March 2018 at 10.30am at AuctionWORKS.
For further details, please contact the exclusive CBRE selling agents:
Simon Lytton
0409 206 165
simon.lytton@cbre.com.au
Ben Wicks
0422 206 015
ben.wicks@cbre.com.au
Property History for 405 Gardeners Rd, Rosebery, NSW 2018
- 10 May 2018Sold for $2,400,000
- 28 Feb 2018Listed for Sale Contact Agent
- 22 Nov 2016Listed for Sale EXPRESSIONS OF INTEREST
Recent sales nearby
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About Rosebery 2018
The size of Rosebery is approximately 1.9 square kilometres. It has 8 parks covering nearly 2.9% of total area. The population of Rosebery in 2016 was 10117 people. By 2021 the population was 13533 showing a population growth of 33.8% in the area during that time. The predominant age group in Rosebery is 30-39 years. Households in Rosebery are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rosebery work in a professional occupation.In 2021, 46.80% of the homes in Rosebery were owner-occupied compared with 54.50% in 2016.
Rosebery has 8,020 properties. Over the last 5 years, Houses in Rosebery have seen a 27.36% increase in median value, while Units have seen a 16.67% increase. As at 31 March 2026:
- The median value for Houses in Rosebery is $2,471,531 while the median value for Units is $976,426.
- Houses have a median rent of $1,200 while Units have a median rent of $950.
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