485 Princes Highway,
Rockdale, NSW 2216
Development Sites & Land • Shops & Retail • Other
Key property information
Land area
Floor area
Tenure type
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CBRE - Sydney
Level 21, 363 George StreetSYDNEY, NSW 2000
485 Princes Highway
Rockdale, NSW 2216
Map of 485 Princes Highway
Prime Freehold Opportunity in the Heart of Rockdale
- E1 Local Centre | 2.5:1 FSR | 27m HOB
- Located within NSW TOD Program
- Occupy, Invest, Reposition
Offered to the market for the first time, CBRE as the exclusive sales agent, is pleased to present 485 Princes Highway, Rockdale to the market. An exceptionally rare opportunity to purchase a freehold land parcel in the heart of Rockdale with significant development upside (STCA).
The property is currently improved with a ground floor retail shop and a licensed brothel on the upper level. As the world’s oldest profession, the property is one of three* sex services premises operating in Rockdale.
485 Princes Highway also features fantastic development potential under NSW TOD Program and favourable planning controls allowing for a mixed use redevelopment (STCA).
485 Princes Highway, Rockdale benefits from the following key attributes;
- Mixed use two-storey freehold comprising G/F retail & licenced brothel above. To be sold in-one-line
- Situated in the heart of Rockdale Town Centre on a 267sqm* land parcel and 501sqm* of internal area
- $174,776.21* gross passing income per annum with significant rental reversion opportunity
- E1 Local Centre, 2.5:1 FSR & 27m height of building limit allowing for future repositioning opportunities
- Dual frontage providing significant traffic & signage exposure. Plentiful council parking located on Geeves Avenue & Pitt Street
- Positioned along Greeves Avenue only meters away from Rockdale Train Station and bus stops
- Set to benefit from NSW Government's Transport Oriented Development Program
- Occupy, Invest, Reposition
485 Princes Highway, Rockdale is offered for sale via Private Treaty.
For more information or to request access to the due diligence room, please contact the exclusive sales agent.
Approximate*
The property is currently improved with a ground floor retail shop and a licensed brothel on the upper level. As the world’s oldest profession, the property is one of three* sex services premises operating in Rockdale.
485 Princes Highway also features fantastic development potential under NSW TOD Program and favourable planning controls allowing for a mixed use redevelopment (STCA).
485 Princes Highway, Rockdale benefits from the following key attributes;
- Mixed use two-storey freehold comprising G/F retail & licenced brothel above. To be sold in-one-line
- Situated in the heart of Rockdale Town Centre on a 267sqm* land parcel and 501sqm* of internal area
- $174,776.21* gross passing income per annum with significant rental reversion opportunity
- E1 Local Centre, 2.5:1 FSR & 27m height of building limit allowing for future repositioning opportunities
- Dual frontage providing significant traffic & signage exposure. Plentiful council parking located on Geeves Avenue & Pitt Street
- Positioned along Greeves Avenue only meters away from Rockdale Train Station and bus stops
- Set to benefit from NSW Government's Transport Oriented Development Program
- Occupy, Invest, Reposition
485 Princes Highway, Rockdale is offered for sale via Private Treaty.
For more information or to request access to the due diligence room, please contact the exclusive sales agent.
Approximate*
Rockdale, 2216 demographic data
15,475
Population
$1,906 per week
Median household income
34 years
Median age
Owners
Most residents
Families
Most households
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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209 Ramsgate Road,Ramsgate Beach, NSW 2217 952 m²Shops & Retail • Offices • Development Sites & Land