4 Powell Road, Rose Bay

8 4 Block of Units
Sold

OUTSTANDING BLUE-CHIP INVESTMENT OPPORTUNITY - BLOCK OF 4 STRATA APARTMENTS TO BE SOLD IN ONE LINE

Occupying a level block in a superb location just moments from the harbour foreshore, this Art Deco strata-title block presents a terrific investment opportunity with incredible scope and further potential. Offered to the market for the first time in almost four decades this unique property has 2 spacious units per floor. Each apartment is set over approximately 80sqm and offers 2 bedrooms plus sunroom, a spacious lounge, large eat-in kitchen/ dining area. There are shared laundries at the rear. An ideal opportunity for a self-managed superannuation fund or for the astute long-term investor.

Strata title building - To be sold in one lineLevel block with 12 metre street frontageComfortable interiors with scope to improve (STCA)Two-storey double brick construction with tile roofMuch loved and tightly held for almost four decadesR3 - Medium Density Residential (Woollahra LGA)Short stroll to Plumer Road village and shops600m to Rose Bay ferry wharf, 200m to bus transport

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Suburb Guide

Rose Bay

Split almost perfectly in half by the main artery, Old South Head Road, Rose Bay is a salubrious suburb just 7kms from the CBD. It's a seamless fusion of the large-scale properties and quiet residential atmosphere of Vaucluse to its east and the cosmopolitan lifestyle and convenience of Double Bay to its west.

Rose Bay is definitely a lifestyle address and has become the suburb of choice for those who enjoy food, golf, sailing or just a leisurely stroll along its picturesque waterfront promenade.

It's home to one of the country's most exclusive golf clubs, Royal Sydney, and its public neighbour the Woollahra Golf Club. More low-key than its high-fashion neighbour Double Bay, Rose Bay offers more of a laid back café culture, with a few local supermarkets, eclectic dining and some interesting specialty stores such as Parisi's.

Its two main shopping villages on Old South Head Road and New South Head Road are linked by a couple of main streets. The prized harbour side of the suburb plays host to one of Sydney's most renowned waterfront restaurants, Catalina.

Top schools abound in the vicinity, with Kincoppal-Rose Bay girls' school known as one of its most significant buildings – an ornate and dramatic mid-1800s landmark standing proudly above the entire suburb, surveying the harbour below. Architecturally, Rose Bay is an interesting combination of eras.

Many of the area's older substantial Federation homes and semis remain, generally renovated to perfection. Art Deco apartments are prevalent, while a number of exclusive apartments and villas have been developed along the waterfront to cater to those keen to have a front row seat among the action.

Suburb Features

Education

  • Cranbrook School
  • Kambala
  • Kincoppal-Rose Bay
  • Rose Bay Public School
  • Rose Bay Secondary College
  • The Scots College

Recreation

  • Dangar Oval
  • Lyne Park
  • Milk Beach
  • Rose Bay Community Garden
  • Shark Island
  • Stand Up Paddle Boarding
  • Sydney Sea Planes
  • Woollahra Park
  • Woollahra Sailing Club

Restaurants

  • Catalina Rose Bay
  • Jewel On The Bay
  • Mangia e bevi
  • Sushi Den
  • Washoku
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