748 Old Princes HighwaySutherland NSW 2232
Property Details for 748 Old Princes Hwy, Sutherland
Last Listing description (September 2025)
Ray White Commercial (SC), in conjunction with Ray White Elevate Group and iSquared Property, is pleased to present to market a premium freehold commercial opportunity offering wide-ranging potential for investors, owner-occupiers, and developers alike. Strategically positioned in the heart of Sutherland's bustling town centre, 748 Old Princes Highway will be offered for sale via Auction.
Previously occupied by ANZ Bank, this two-level building is offered with vacant possession, providing flexibility for immediate occupation, repositioning, or lease. The existing layout is well-suited to a variety of commercial, medical or professional uses (STCA), while the underlying planning controls offer significant longer-term redevelopment potential.
Located in one of South Sydney's most prestigious and tightly held suburbs, the property is surrounded by a thriving mix of national retailers, essential services, and major transport infrastructure. Demand for well-located commercial assets in this precinct remains strong, underpinned by a growing local population and limited supply.
Additional highlights of the asset include:
Land Size - 227sqm*
Floor Area - 271sqm*
Zoning - E2: Commercial Centre
Floor Space Ratio: 4 : 1
Permissible Height: 40m
Low outgoings
Future development upside^
150m* to Sutherland Station
Offered with vacant possession
The property is offered for sale via Auction on Tuesday 26th August 2025 at 10.30am. The Auction will be held at AuctionWorks, Mezzanine Level, 50 Margaret Street, Sydney.
For further information, please contact the exclusive selling agents below:
Carl Mirabella
Director
Ray White Elevate Group
0414 914 948
carl.m@raywhite.com
Leslie (Yifu) Li
Associate Director
Ray White Commercial (SC)
0403 261 752
leslie.li@raywhite.com
Simon Iskander
Director
Isquared Property
0413 540 899
simon@isquaredproperty.com.au
Property History for 748 Old Princes Hwy, Sutherland, NSW 2232
- 15 Jul 2025Listed for Sale FOR SALE
- 25 Feb 2025Listed for Rent - Price not available
- 01 Feb 2023Listed for Rent - Price not available
Recent sales nearby
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About Sutherland 2232
The size of Sutherland is approximately 3.7 square kilometres. It has 13 parks covering nearly 21.2% of total area. The population of Sutherland in 2016 was 10816 people. By 2021 the population was 11570 showing a population growth of 7.0% in the area during that time. The predominant age group in Sutherland is 30-39 years. Households in Sutherland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sutherland work in a professional occupation.In 2021, 55.10% of the homes in Sutherland were owner-occupied compared with 54.60% in 2016.
Sutherland has 6,878 properties. Over the last 5 years, Houses in Sutherland have seen a 50.52% increase in median value, while Units have seen a 34.11% increase. As at 31 December 2025:
- The median value for Houses in Sutherland is $1,667,486 while the median value for Units is $854,378.
- Houses have a median rent of $700 while Units have a median rent of $670.
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