225 Avoca Street Randwick NSW 2031

SOLD — 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 6×2 bedrooms with balconies and 3×1 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 40 & Jordan L’Estrange 0425 407 560

Inspection Times & Contact

(02) 9363 9999
info.doublebay@raywhite.com