673-677 Darling Street, Rozelle, NSW 2039
Sold for $3,500,000 (Mar 11, 2022)
City Fringe Freehold with Enormous Potential in Prime Position
> Dual street frontage
> Outstanding location
> Strong value add potential
Raine & Horne Commercial South Sydney and Colliers are excited to offer 673-677 Darling Street, Rozelle to the market for sale.
Key property highlights include:
- Huge site area of 423.5sqm with rear lane access
- Fantastic location benefiting from high levels of passing pedestrian and vehicular traffic, also being only 4 kilometres from the Sydney CBD
- Moments to local bus routes servicing Rozelle to Parramatta, Ryde, Bondi Junction, Campsie, Haberfield, Leichhardt and the Central Business District
- Nearby the proposed White Bay Metro Station and the Wests Tigers Leagues Club
- Significant potential cashflow opportunity with current use being an undercapitalised 85 bed backpacker hostel
- Previous approvals have been given for residential development
- May be developed and sold down, retained or converted to an alternate use such as co-living, boarding house or student accommodation
- Suitable for owner occupation, investment or development For further information don't hesitate to contact the exclusive agents.
- Property ID: L1191557
- Property Type:Retail
- Building / Floor Area:750 sqm
- Land Area:423.5 sqm
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