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23-25 Frederick Street
Rockdale NSW 2216
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Sold on 23 May 2023

23-25 Frederick Street Rockdale NSW 2216

  • Development / Land
  • 996 m²
  • Sold

FULLY LEASED INVESTMENT WITH DEVELOPMENT UPSIDE METRES TO ROCKDALE RAILWAY STATION

    *Total Gross Annual Rental $403,787 (approx.)
    * B2 Local Centre Zoning
    * Currently 25 Meter Height Limit with unlimited FSR

    Ray White Hurtstville are pleased to offer this rare opportunity to acquire a fully leased investment with the opportunity to "Value Add" by lodging a Development Application for a mixed use commercial /residential development.

    Key Features Include:

    • Fully leased investment with four (4) separate tenancies with a combined gross annual rental of $403,787 (approx.)
    • Level 1 leased to "Cardno" an ASX listed public company
    • Total Site Area of 995.50 sqm (approx.)
    • Total Building Area 1,543 sqm (approx.) excluding common areas
    • Zoned "B2 Local Centre" under Bayside Council LEP 2021
    • Current 25 Meter Heigh Limit
    • Unlimited FSR under Bayside Council LEP 2021 Town Centre Plan
    • Existing improvements comprise refurbished 2 level commercial building with basement security parking for 22 cars
    • Three (3) street frontages to Frederick Street, Waltz Lane and Frederick Lane therefore would be a functional development site
    • The property is conveniently located approximately 100 meters to both Rockdale Railway Station and bus interchange providing easy access to both international and domestic airports and City.
    • Rockdale is conveniently located approximately 13 kilometers South of Sydney Central Business District and short distance to Brighton Le Sands and Botany Bay
    • Ideal opportunity to hold and lodge a Development Application for commercial/residential mixed use development and receive income in the interim.

    Ray White Hurstville
    Ray White Hurstville
    3/182 Forest Road
    Hurstville, NSW 2220

    Property Highlights

    Date Sold23 May 2023
    Floor Area1,543 m²
    Land Area996 m²
    ParkingAsk Agent
    Property ID2018409930
    Category
    Last updated  24 May 2023
    Map for 23-25 Frederick Street Rockdale NSW 2216

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    Ray White Hurstville
    Ray White Hurstville
    3/182 Forest Road
    Hurstville, NSW 2220

    Property Highlights

    Date Sold23 May 2023
    Floor Area1,543 m²
    Land Area996 m²
    ParkingAsk Agent
    Property ID2018409930
    Category
    Last updated  24 May 2023

    Listed by

    More about 23-25 Frederick Street Rockdale NSW 2216

    23-25 Frederick Street Rockdale NSW 2216 is categorized as Land & Development Property. It has a floor area of 1,543 m² and a land area of 996 m². The listing ID for this property is 2018409930.

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