Another Block Sold by Sydney's Apartment Block Specialists

A rare and remarkable offering in one of Randwick's most popular pockets, this entire block of five apartments presents an exceptional opportunity for investors, SMSFs, developers and long-term holders alike. Comprising 4 x two bedroom and 1 x six bedroom apartments plus 3 lock up garages, the property delivers strong existing income with outstanding value-add potential.

• Entire block of 5 apartments
• 4 x 2br + 1 x 6br, 3 lock up garages
• Set over 670sqm of land with huge LMR upside (see Page 5 of Information Memorandum)
• High-demand position moments to Randwick village, transport and amenities
• Ideal for long-term hold, future redevelopment or strategic sell-down (STCA)
• Strong rental demographic near Light Rail, UNSW and Prince of Wales Hospital
• Perfectly positioned directly opposite Royal Randwick Racecourse
• Current rental income of $209,508 per annum (well under market)

Ray White Double Bay - Exceptional Living Begins Here
Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY

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School catchments

Coogee Boys' Preparatory School Primary K-6 Independent 0.63km
Randwick Public School Primary K-6 Government 0.69km
Marcellin College Secondary 7-12 Catholic 0.78km
Emanuel School Combined K-12 Independent 0.85km
Kensington Public School Primary K-6 Government 0.89km
St Margaret Mary's Catholic Primary School Primary K-6 Catholic 1.0km
Our Lady of the Sacred Heart Catholic Primary School Primary K-6 Catholic 1.0km
Our Lady of the Rosary Catholic Primary School Primary K-6 Catholic 1.3km
St Joseph's Rosebery, Kensington Campus Primary Catholic 1.4km
Moriah College Combined K-12 Independent 1.4km
Claremont College Primary K-6 Independent 1.4km
Our Lady of the Sacred Heart College Secondary 7-12 Catholic 1.4km
Brigidine College Randwick Secondary 7-12 Catholic 1.5km
Randwick Girls High School Secondary Government 1.5km
Randwick High School Secondary 7-12 Government 1.7km
Randwick Boys High School Secondary Government 1.8km
Rainbow Street Public School Primary K-6 Government 1.8km
St Catherine's School Combined K-12 Independent 1.9km
Coogee Public School Primary K-6 Government 1.9km
Waverley Public School Primary K-6 Government 2.0km
St Charles' Catholic Primary School Waverley Primary K-6 Catholic 2.0km
St Clare's College - Bronte Road Campus Secondary Catholic 2.0km
Sydney Girls High School Secondary 7-12 Government 2.1km
St Clare's College Secondary 7-12 Catholic 2.1km
Waverley College Secondary 5-12 Independent 2.3km
Sydney Boys High School Secondary 7-12 Government 2.3km
Hartford College Combined 5-9 Independent 2.6km

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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