Located at 401–405 Princes Highway, Rockdale NSW, the 1,306sq m* site is extremely well positioned, being within close proximity to Sydney Domestic and International Airports, the Sydney CBD, multiple transport nodes, University of NSW, WestConnex Civil Projects, and St George Hospital, Prince of Wales Hospital, whilst also being a short distance from Brighton-Le-Sands beach.
Rockdale is a suburb in southern Sydney, located a short 13km* from the Sydney CBD. Rockdale City is bounded by Wolli Creek, the Cooks River, Canterbury City and the Marrickville Council area in the north, Botany Bay and the City of Botany Bay in the east, the Georges River in the south and Kogarah City and Hurstville City in the west.
For sale through Nick Lower and Selin Ince of Savills Metropolitan & Regional Sales, the site has B4 mixed-use zoning and has an area breakdown of 257sq m* NLA commercial space and 3,181sq m* NLA of residential space.
“Apart from its location, Rockdale boasts diversity in housing, retail and public facilities contributing to its rising median house price ranging from $1,255,000 for houses to $635,000 for units, with an average weekly median rental price for units being $450 reflecting a yield of 3.7%” said Nick Lower, State Director - NSW, Metro & Regional Sales at Savills Australia.
Selin Ince, Sales Executive, Metro & Regional Sales at Savills Australia said the site will see interest from local and interstate developers looking for a DA site close to a range of amenities and services.
401 Princes Highway, Rockdale will be offered to the market via an on-site public auction.