Stonebridge Property Group National Partners Lincoln Blackledge and Carl Molony, have been exclusively appointed to offer a prestigious mixed-use development site for sale in Sydney’s affluent Rose Bay.
Stonebridge Property Group has been exclusively appointed to sell a prestigious mixed-use development site in Sydney’s affluent Rose Bay. Acting on behalf of Woolworths Group, the sale offers a rare opportunity to acquire an Eastern Suburbs site with the DA submitted to Woollahra Council.
Currently utilised by Woolworths as a Direct to Boot drive-thru facility, the site is set to transform into a boutique mixed-use development. The project will feature a full-line Woolworths Supermarket, and 13 premium residential apartments, blending convenience and luxury in one of Sydney’s most prestigious locations.
Located in Rose Bay’s highly affluent and underserviced catchment area, the development will host the only full-line supermarket within the main trade area. It will include 65 car spaces and 5 dedicated Direct to Boot spaces, catering to the growing demand for convenience-focused retail solutions.
The residential component, designed by renowned PBD Architects, includes an optimal mix of 2 two-bedroom, 10 three-bedroom, and 1 four-bedroom apartment, each with basement parking. The design reflects modern luxury, catering to a variety of lifestyle needs and appealing to Rose Bay’s high-income demographic.
A Rare Opportunity in a Prestigious Suburb
"In a suburb as prestigious as Rose Bay, finding sites for that can provide for a full-line supermarket and premium residential apartments is a rarity. Approximately one third of the on completion value is secured by an Agreement for Lease to Woolworths, with the remainder being beautifully designed residential apartments, making this an exceptional opportunity," said Lincoln Blackledge, National Partner at Stonebridge Property Group.
Carl Molony, National Partner, added, “There has been a chronic undersupply of retail floorspace over the last five years in Sydney, and given this rare opportunity will host the only full-line supermarket in the location, the end product will be highly sought after by both residents and investors.”
Expressions of Interest Closing Soon
The site is for sale by Expressions of Interest (EOI), closing at 4 PM (AEDT) on Tuesday, 25th March 2025. For further information or to arrange an inspection, please contact the exclusive selling agents at Stonebridge Property Group.
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