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
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