Fully Renovated 12-Apartment Block in Randwick
Nestled within one of Sydney’s most prestigious Eastern Suburbs enclaves, this rare offering combines lifestyle, connectivity, and demand in equal measure. Surrounded by world-famous beaches, thriving retail and dining precincts, and leading medical and education hubs, the property is perfectly positioned to capture high demand.
Key Investment Highlights:
– Fully operated by Urban Rest returning net income of $541,745* in FY25
– Comprising 12 x 2-bedroom apartments
– Extensively renovated in 2022 with new kitchens, bathrooms, fixtures, and building services
– Located 500m* from Wansey Road Light Rail Station
– Walking distance to UNSW, Prince of Wales Hospital, shops, dining, and beaches
– Situated on 654sqm* land with R3 zoning and 12m height limit
– Strong Eastern Suburbs rental demand with 46.9% of residents renting
The property is being offered for sale by Immediate Private Sale.
For further information on this exclusive offering, or to arrange an inspection, please do not hesitate to contact the exclusive sales agents.
*Approx.