Share this property

realcommercial.com.au

41 Prince Street Randwick, NSW 2031

Directions

41 Prince Street,
Randwick, NSW 2031

Other • Development Sites & Land

Price information

Sale - Auction Sat 1 Jun

Auction June 1

Key property information

Land area

Floor area

Property extent

Zoning

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$115,960
Number of Tenants
4 Tenants

Auction

Add to calendar

Private inspections

to arrange a private inspection.

Map of 41 Prince Street

Directions
  • Train stations within 5 km of 41 Prince Street, Randwick, NSW 2031Distance
    Bondi Junction Station2.4 km
    Green Square Train Station3.2 km
    Edgecliff Station3.6 km
    Central Station4.1 km
    Redfern Station4.1 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 41 Prince Street, Randwick, NSW 2031Distance
    Surry Hills3.4 km
    Central Chalmers Street4 km
    Central Station Light Rail4.2 km
    Capitol Square Light Rail Station4.5 km
    Paddy's Markets Light Rail Station4.6 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 41 Prince Street, Randwick, NSW 2031Distance
    Cowper St Opp Mulwarree Av215 m
    Cowper St Near Prince St256 m
    Cook St Near Frances St273 m
    Cowper St Near Church St281 m
    Belmore Rd Near Alison Rd368 m
    POWERED BY HERE ©
POWERED BY HERE ©

Entire Block Of 4 Semi-Sized Apartments On 703sqm With 0.9:1 FSR And A Significant Development Upside

Offered for sale in one line, this entire block of four semi-sized apartments presents an incredible opportunity to secure a prime investment and invaluable landbank asset in a blue-chip location across the street from the Wansey Road light rail on the edge of Randwick town centre. Capturing views over Royal Randwick Racecourse from the upper level apartments, the boutique block holds a commanding elevated position with a 15m street frontage and sunny common garden at the rear. A prime 703sqm parcel of land with a 0.9:1 FSR (maximum 12m height) and medium density zoning offers a significant bricks and mortar asset with an exciting future upside in a first-class position with vast untapped potential. Explore the endless opportunities with scope for future strata subdivision, renovate and add value or retain as a solid income earner in a blue-chip location just 1km to Randwick's world-class medical and education precinct.

* Character filled block of 4 apartments
* Double-brick building, company title
* Semi-like layouts, 2 apartments per floor
* Each with 2 large beds and a sunroom
* 2 with Royal Randwick Racecourse views
* High ornate ceilings, timber floorboards
* Separate living and dining, fireplaces
* Large gas kitchens, original bathrooms
* Sunny common garden with a large lawn
* Overlooks Kynaston Avenue Reserve
* Prime landbank asset, versatile potential
* Ideal project for the developer or investor
* 200m to the Wansey Road light rail stop
* 500m to Belmore Road's shopping village
* Randwick Public School catchment area
* Easy access to the city and Coogee Beach
* 650m to UNSW, 1km to Centennial Park
* Please note all figures quoted are a gross amount

Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.

Property ID: 504581200Last Updated: 2 May 2024

realcommercial.com.au logo
41 Prince Street
Randwick, NSW 2031
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.