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CBRE - Sydney

129-131 Bayswater Road Rushcutters Bay, NSW 2011

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129-131 Bayswater Road,
Rushcutters Bay, NSW 2011

Shops & Retail • Development Sites & Land • Other

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CBRE - Sydney
Max Silk
Nicholas Heaton
Gemma Isgro

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
CBRE - Sydney
129-131 Bayswater Road
Rushcutters Bay, NSW 2011

Map of 129-131 Bayswater Road

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MIXED USE APARTMENT BLOCK WITH DEVELOPMENT UPSIDE

  • 12 Apartments & 2 retail shops
  • Gross Passing Income: $391,312* p.a
  • DA Approval for 36 hotel rooms
CBRE as exclusive listing agents are pleased to present 129-131 Bayswater Road, Rushcutters Bay. The property represents an premium apartment block investment opportunity in a blue chip locality with an existing DA approval.

129-131 Bayswater Road, Rushcutters Bay benefits from the following key attributes:

-Comprising 8 x studio apartments, 4 x 1-bed apartments and 2 retail shops to be sold in-one-line
-Site area of 208.1sqm* with high density B4 Mixed Use planning controls
- DA Approval for 36 self-contained hotel rooms
-Secure mixed-use residential apartment block investment with a combined gross passing income of $391,312* p.a
-Existing DA Approval for a 36 room hotel, all with kitchens and bathrooms, over 7 stories, plus ground floor retail opportunity (STCA)
-Set to benefit from Sydney's rental boom, significantly driving city fringe unit rentals

129-131 Bayswater Road, Rushcutters Bay will be sold via Public Auction at auctionWORKS on Tuesday 28th February at 10:30am (AEDT). Registration, online bidding and livestream available)

For more information, to arrange an inspection or to request access to the due diligence room, please contact the exclusive selling agents

*Approx

Property ID: 504243928Last Updated: 2 May 2023

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