50-54 Chaleyer Street
Rose Bay, NSW 2029

This exceptional offering presents a rare opportunity to acquire an entire block of 10 apartments in one of Rose Bay's most sought-after residential areas. The property occupies a substantial land parcel of approximately 1,200 square meters, providing a significant footprint for investors, developers, or long-term land bankers seeking a valuable asset with multiple avenues for enhancement and growth.

The block currently generates immediate income, with the potential to add value through various strategies including enhancement, strata subdivision, or exploring future development opportunities subject to council approval (STCA). This flexibility makes it a highly attractive proposition for those looking to capitalize on the premium Eastern Suburbs location.

Situated in a quiet, tree-lined street, the property is conveniently located just moments from village shops, the harbour foreshore, public transport options, and the iconic Bondi Beach. Such a combination of location and scale is rarely available, making this a blue-chip asset with considerable upside potential.

Key features of the property include:

• Entire block comprising 10 apartments
• Land holding of approximately 1,200 square meters
• Significant potential for value addition
• Scope for enhancement or strata subdivision (subject to council approval)
• Prime lifestyle setting in Rose Bay
• Eight apartments each featuring 2 bedrooms and 2 bathrooms, with an internal area of approximately 95 square meters
• Two larger apartments each featuring 4 bedrooms and 2 bathrooms, with an internal area of approximately 180 square meters

This property represents a unique chance to secure a substantial and versatile asset in a prestigious location, offering multiple pathways to maximize investment returns. Whether for immediate income generation or long-term development, the block's scale and location provide a compelling proposition for discerning buyers.