O’Sullivan Road

O’Sullivan Road

Address

4 – 6 O’Sullivan Road
Rose Bay, NSW

Development

4 x 2 bedroom + study
1 x 3 bedroom luxury apartments

Developer

Steven Blake

Loan Amount

$7,430,000 including $3,200,000 to assist with the site purchase

End Value

$11,713,000

The Brief

We were required to assist with the acquisition of the development site and the construction of 5 luxury boutique units overlooking Royal Sydney Golf Course. All apartments feature 2 ensuites and a guest bathroom, gourmet kitchen and large balconies with lift access. Internal living areas are 4 x 190m2 and 1 x 235m2.

The Solution

We were able to secure funding that provided for the entire purchase price of the site and 100% of construction costs. We were even able to increase the loan during the course of construction to cover the cost of variations.
The project was so successful that it set a new benchmark for the area in prices achieved per square metre.

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Sydney NSW 2000
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Melbourne VIC 3000
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