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DESCRIPTION:Irreplaceable Mixed-Use Investment with Diverse Income Profile\
 nMcGrath and Knight Frank are pleased to present 3234 Perouse Road\, Randw
 ick\, a rare opportunity to acquire a substantial mixed-use investment in 
 one of the Eastern Suburbs' most tightly held and supply-constrained locat
 ions.\n\nPositioned on a 548.1 sqm* site within Randwick's renowned 'The S
 pot' precinct\, the property comprises 17 tenancies across residential apa
 rtments\, boarding house accommodation\, and retail/commercial uses\, prov
 iding a highly diversified income profile with strong underlying land valu
 e and long-term growth prospects.\n\nInvestment Highlights:\n- Positioned 
 within one of Randwick's most tightly held mixed-use precincts\, benefitin
 g from strong tenant demand and excellent amenity.\n-Diverse income stream
  across 17 tenancies: 4 x 2-bedroom\, 2 x 1 bedroom\, 9 x Studios & 2 x re
 tail shops.\n- Recently refurbished and extended approximately six years a
 go\, including upgraded fire\, water\, electrical and communication servic
 es\, together with modern finishes\, reducing future capital expenditure r
 equirements.\n- Unmatched transport accessibility\, with a bus stop at the
  doorstep and the Randwick Light Rail just 400m* away.\nGenerating a stron
 g gross income of $708\,641 p.a.*\, providing immediate cash flow with ren
 tal growth potential.\n- Positioned within 'The Spot' precinct\, Randwick'
 s vibrant dining and entertainment hub\, home to renowned cafés\, restaur
 ants\, and the iconic Ritz Cinema.\n- Historically low vacancy across both
  residential and commercial tenancies\, supported by efficient outgoings a
 nd a strong net return.\n \n32-34 Perouse Road\, Randwick will be for sale
  via Public Auction on Wednesday\, 18 November at 6:00 PM (AEDT).\n\nFor f
 urther information or to arrange an inspection please contact the below li
 sting agents.\n\n*Approximately.
DTEND:20261118T190000
DTSTAMP:20261014T181011Z
DTSTART:20261118T180000
LOCATION:32-34 Perouse Road\, Randwick NSW
SEQUENCE:0
SUMMARY:Auction: 32-34 Perouse Road\, Randwick NSW
UID:CRE-2021240879-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Irreplaceable Mixed-Use Investment wi
 th Diverse Income Profile <br/> McGrath and Knight Frank are pleased to pr
 esent 3234 Perouse Road\, Randwick\, a rare opportunity to acquire a subst
 antial mixed-use investment in one of the Eastern Suburbs' most tightly he
 ld and supply-constrained locations. <br/>  <br/> Positioned on a 548.1 sq
 m* site within Randwick's renowned 'The Spot' precinct\, the property comp
 rises 17 tenancies across residential apartments\, boarding house accommod
 ation\, and retail/commercial uses\, providing a highly diversified income
  profile with strong underlying land value and long-term growth prospects.
  <br/>  <br/> Investment Highlights: <br/> - Positioned within one of Rand
 wick's most tightly held mixed-use precincts\, benefiting from strong tena
 nt demand and excellent amenity. <br/> -Diverse income stream across 17 te
 nancies: 4 x 2-bedroom\, 2 x 1 bedroom\, 9 x Studios & 2 x retail shops. <
 br/> - Recently refurbished and extended approximately six years ago\, inc
 luding upgraded fire\, water\, electrical and communication services\, tog
 ether with modern finishes\, reducing future capital expenditure requireme
 nts. <br/> - Unmatched transport accessibility\, with a bus stop at the do
 orstep and the Randwick Light Rail just 400m* away. <br/> Generating a str
 ong gross income of $708\,641 p.a.*\, providing immediate cash flow with r
 ental growth potential. <br/> - Positioned within 'The Spot' precinct\, Ra
 ndwick's vibrant dining and entertainment hub\, home to renowned cafés\, 
 restaurants\, and the iconic Ritz Cinema. <br/> - Historically low vacancy
  across both residential and commercial tenancies\, supported by efficient
  outgoings and a strong net return. <br/>   <br/> 32-34 Perouse Road\, Ran
 dwick will be for sale via Public Auction on Wednesday\, 18 November at 6:
 00 PM (AEDT). <br/>  <br/> For further information or to arrange an inspec
 tion please contact the below listing agents. <br/>  <br/> *Approximately.
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