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Property main details

Commercial

For Sale - $2,595,000
  • Retail

Specifications

  • Property Type
    Retail
  • Building
    180 m2
  • Land
    272 m2

Outstanding Investment or Home + Income

Ray White Park Coast East as exclusive selling agents are pleased to offer to the market a freestanding property known as 140 Avoca Street, Randwick. This prized Randwick asset is located on busy Avoca Street where thousand of cars pass daily, which make it a fantastic investment for investors/developers or home + income, creating a balanced investment.

Key property features:
*Perfect investment or home + income
*Leased restaurant to long-standing tenant
*Huge 3 bedroom apartment on level one with balcony
*Land size 272 sqm approx.
*Rear lane access to double lock- up garage
*Brand new corrugated iron roof
*Proposed uplift by Randwick Council
*Value add site, or potential development (STCA)
*Potential G.A.R $124,300 PA approx.
*2 minute walk to Royal Randwick Shopping Centre
*Easy Access to public transport, light rail with direct links to CBD
*Walking distance to UNSW, Hospital & Coogee Beach
*Access to Coogee Prep School or Marcellin College

First time offered in over 25 years, this is a unique opportunity for the savvy investor or someone seeking a home with an income in an established high profile location. Inspections are highly recommended.

Contact:
Robert Carrabs
M | 0418 441 455
E | Robert.carrabs@raywhite.com

Nicole Watson
M | 0413 211 350
E | Nicole.watson@raywhite.com

Get in touch

We'd love to hear from you

If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

140 Avoca Street Randwick 2031, New South Wales
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