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Ray White Commercial - Eastern Suburbs

225 Avoca Street Randwick, NSW 2031

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225 Avoca Street,
Randwick, NSW 2031

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Ray White Commercial - Eastern Suburbs
Craig Pontey

Ray White Commercial - Eastern Suburbs

Suite 2, Level 2, 4 -10 Bay Street
DOUBLE BAY, NSW 2028
0419 40 40 ...
Ray White Commercial - Eastern Suburbs
225 Avoca Street
Randwick, NSW 2031

Detailed listing

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Whole Building of 9 Apartments to be SOLD in one line.

• Unique opportunity to secure this fantastic investment property.
• Land area approximately 598sqm
• Whole block comprising 6x2 bedrooms with balconies and 3x1 bedrooms.
• Laundry facilities
• 2 x storerooms available for lease
• 1 x toilet for tradesmen
• Rear lane access

Strategically located opposite POW Hospital, moments away from light rail and public transport, Randwick Shopping precinct, UNSW, The Spot and Coogee Beach.
Ideal long term investment or individual re-sale potential

Rental Information:
Unit 1 - $400 per week - Expires 22/04/22
Unit 2 - $545 per week - Expires 09/03/22
Unit 3 - $545 per week - Vacant
Unit 4 - $430 per week - Expires 01/05/22
Unit 5 - $545 per week - Expires 25/12/22
Unit 6 - $550 per week - Expires 07/09/22
Unit 7 - $420 per week - Expires 16/04/22
Unit 8 - $545 per week - Vacant
Unit 9 - $560 per week - Expires 02/10/22

Annual return $236,080 approximately with significant upside potential
Council $9,071.46 per annum
Water $2,253 per quarter

* Inspections are strictly by appointment only at anytime.
* The property is scheduled for auction on Thursday, 28th October 2021.

For more information, please contact Craig Pontey on 0419 40 40 ...

Additional information

Property ID: 503925686Last Updated: 7 Jan 2022

Ray White Commercial - Eastern Suburbs
Suite 2, Level 2, 4 -10 Bay Street
DOUBLE BAY, NSW 2028
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