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1-6/216 Alison Road,
Randwick 2031, New South Wales

14 bedrooms
10 bathrooms
6 car spaces
603m² land size
Block of Units

$7,500,000


Property details

6 Renovated Strata Title Apartments To Be Sold In One Line

Serious investors will appreciate the rarity of this remarkable opportunity, presenting this whole building of 6 apartments recently updated apartments. It is fully leased to instantly offer excellent returns, in a location of timeless appeal that is just footsteps from Avoca Street shops and Alison Park.

Every residence has been updated, with a focus on contemporary style and low-maintenance living. The 1 bedroom apartments provide a car space, while the 3 bedroom apartments also offer two bathrooms and a lock-up garage, features that appeal to young families who are choosing Randwick for its reputation for quality schools, shopping and dining, as well as its close proximity to beaches and the CBD.

Apartment 1 - 3 bedroom, 2 bathrooms, 1 garage, leased at $1,150 per week
Apartment 2 - 3 bedroom, 2 bathrooms, 1 garage, leased at $1,275 per week
Apartment 3 - 3 bedroom, 2 bathrooms, 1 garage, leased at $1,050 per week
Apartment 4 - 3 bedroom, 2 bathrooms, 1 garage, leased at $1,100 per week
Apartment 5 - 1 bedroom, 1 bathroom, 1 carspace, leased at $810 per week
Apartment 6 - 1 bedroom, 1 bathroom, 1 carspace, leased at $810 per week

• Occupies 603 sqm, R3 Medium Density Residential Zoning
• Top floor ocean & district views across Coogee and surrounds
• Buy and hold now, with potential to sell each one individually
• 4 x 3 bedroom apartments featuring ensuites and lock-up garage
• 2 x 1 bedroom apartments also providing onsite car spaces
• Alison Park on the street, Randwick Public School is 500m away
• Nearby buses travel to beaches, Bondi Junction and Eastgardens
• Easy walk to light rail, University of NSW, and Prince of Wales Hospital
• Address is approx. 2kms from Coogee Beach & 5kms from CBD

Explore the area


School catchments

  • Randwick Public School Primary K-6 Government 0.32km
  • Our Lady of the Sacred Heart Catholic Primary School Primary K-6 Catholic 0.34km
  • Coogee Boys' Preparatory School Primary K-6 Independent 0.35km
  • Claremont College Primary K-6 Independent 0.58km
  • Emanuel School Combined K-12 Independent 0.68km

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.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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