Significant LMR Zoned Investment Opportunity

Set on 689.2sqm with a 15.24m frontage, this rare Kensington offering comprises an entire block of 9 x 2 bedroom apartments, each featuring a private balcony and benefiting from 7 car spaces. Positioned within the Low Medium Residential (LMR) zone, the property presents an exceptional investment opportunity with future redevelopment potential (STCA). Ideally located in one of Kensington's most tightly held pockets, it is moments from UNSW, Light Rail, Centennial Park, local cafes and the CBD.

• Entire block of 9 x 2 bedroom apartments
• Private balconies to all apartments
• Benefits from 7 car spaces
• Excellent investment or future redevelopment opportunity (STCA)
• Positioned within the Low Medium Residential (LMR) zone
• Prime Kensington location close to UNSW, Light Rail, Centennial Park and local amenities
• Currently returning $333,060 pa with one unit vacant whilst being updated and potential to increase

Ray White Double Bay - Exceptional Living Begins Here

Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY

Inspections

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School catchments

Kensington Public School Primary K-6 Government 0.60km
Our Lady of the Rosary Catholic Primary School Primary K-6 Catholic 0.79km
St Joseph's Rosebery, Kensington Campus Primary Catholic 0.82km
Our Lady of the Sacred Heart College Secondary 7-12 Catholic 0.87km
Sydney Girls High School Secondary 7-12 Government 1.2km
Sydney Boys High School Secondary 7-12 Government 1.5km
Green Square Public School Primary K-6 Government 1.5km
Our Lady of Mount Carmel Catholic Primary School Primary K-6 Catholic 1.7km
Bourke Street Public School Primary K-6 Government 1.7km
Coogee Boys' Preparatory School Primary K-6 Independent 1.8km
Randwick Public School Primary K-6 Government 1.9km
Marcellin College Secondary 7-12 Catholic 1.9km
St Joseph's Catholic Primary School Primary K-2 Catholic 2.0km
Emanuel School Combined K-12 Independent 2.0km
St Francis of Assisi Regional Catholic Primary School Primary K-6 Catholic 2.0km
St Margaret Mary's Catholic Primary School Primary K-6 Catholic 2.1km
Paddington Public School Primary K-6 Government 2.1km
Our Lady of the Sacred Heart Catholic Primary School Primary K-6 Catholic 2.1km
Moriah College Combined K-12 Independent 2.2km
Inner Sydney High School Secondary 7-12 Government 2.3km
Randwick Girls High School Secondary Government 2.4km
Alexandria Park Community School Combined K-12 Government 2.5km
Brigidine College Randwick Secondary 7-12 Catholic 2.5km
Randwick High School Secondary 7-12 Government 2.6km
Randwick Boys High School Secondary Government 2.6km
Central Sydney Intensive English High School Secondary 7-11 Government 2.7km
Hartford College Combined 5-9 Independent 2.8km
St Clare's College - Bronte Road Campus Secondary Catholic 2.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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