453 Princes Hwy 3,541 SF Retail Building Rockdale, NSW 2216 $2,885,759 CAD ($814.88 CAD/SF) 2.83% Cap Rate

Positioned in the heart of Rockdale’s bustling retail corridor, 453 Princes Highway presents a rare and strategic opportunity for investors, developers, or owner-occupiers. This versatile commercial property spans two separate titles with a combined land area of approximately 328 m² and offers a wide 9.4-metre street frontage, ensuring maximum exposure along one of the area’s busiest thoroughfares.
The property is zoned E1 – Local Centre with a generous 34-metre height allowance, providing significant development potential for mixed-use or commercial projects (STCA). Currently offered with vacant possession, the site also holds strong leasing appeal, with an estimated rental income potential of $85,000 per annum (excluding GST).
Rear lane access via Geeves Lane enhances operational convenience, with ample parking options available. Internal toilet facilities are already in place, and the open-plan layout offers flexibility for a range of retail or commercial uses. Located within a thriving precinct surrounded by established businesses and benefiting from high pedestrian and vehicle traffic, this property represents a prime opportunity to secure a foothold in a core growth location.