BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Rare Parkside Federation Estate With Exceptional Potential And Future Possibilities\nHeld by the one family for more than 50 years\, this landmark Federation estate presents a once-in-a-generation opportunity to secure a substantial landholding of approximately 760sqm directly opposit e Centennial Park. Known as KIAHBITAH and home to Centennial Park Lodge\, the property currently operates as a licensed boarding house comprising ni ne self-contained loft-style studios\, a management office and a separate three-bedroom residence\, delivering strong and immediate rental returns.\ n\nOffering exceptional flexibility\, this is a rare opportunity to secure a proven income-producing asset from day one\, further enhance its invest ment potential\, or explore the extraordinary possibility of recreating or reimagining the property as one magnificent family estate (STCA). Perfect ly positioned within walking distance of the light rail\, express city bus es\, Randwick TAFE and village cafés\, it is also moments from esteemed s chools\, Prince of Wales Hospital\, UNSW and Sydney's iconic eastern beach es.\n\nProperty Features:\n- Approximately 760sqm of land\n- Tightly held and offered for the first time in over 50 years\n- Licensed boarding house comprising nine self-contained loft-style studios\n- Separate three-bedro om residence and on-site management office\n- Strong rental income from an established and well-positioned boarding house business\n- Exceptional sc ope to enhance investment returns over time\n- Opportunity to recreate one magnificent landmark family residence (STCA)\n- Outstanding flexibility f or investors\, developers and owner-occupiers alike\n- Exquisite period de tailing and soaring ornate ceilings\n- Original timber floorboards and pre served marble fireplaces\n- Common areas\, front reception space and leadl ight windows\n- Side driveway access to two off-street parking spaces\n- D irectly opposite the expansive greenery of Centennial Park\n- Stroll to th e light rail\, Randwick TAFE\, village shops and cafés\n- Close to esteem ed schools\, Westfield's retail and dining precinct\n- Moments to The Spot \, Prince of Wales Hospital and UNSW\n- Close proximity to Sydney's easter n beaches and the CBD DTEND:20260724T133000 DTSTAMP:20260721T152317Z DTSTART:20260724T130000 SEQUENCE:0 SUMMARY:Inspection: 7 Darley Road\, Randwick NSW UID:CRE-2021011267-Inspection1 X-ALT-DESC;FMTTYPE=text/html:

Rare Parkside Federation Estate With Exceptional Potential And Future Possibilities
Held by the one famil y for more than 50 years\, this landmark Federation estate presents a once -in-a-generation opportunity to secure a substantial landholding of approx imately 760sqm directly opposite Centennial Park. Known as KIAHBITAH and h ome to Centennial Park Lodge\, the property currently operates as a licens ed boarding house comprising nine self-contained loft-style studios\, a ma nagement office and a separate three-bedroom residence\, delivering strong and immediate rental returns.\n
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Offering exceptional flexi bility\, this is a rare opportunity to secure a proven income-producing as set from day one\, further enhance its investment potential\, or explore t he extraordinary possibility of recreating or reimagining the property as one magnificent family estate (STCA). Perfectly positioned within walking distance of the light rail\, express city buses\, Randwick TAFE and villag e cafés\, it is also moments from esteemed schools\, Prince of Wales Hosp ital\, UNSW and Sydney's iconic eastern beaches.\n
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Property Features:\n
- Approximately 760sqm of land\n
- Tightly held a nd offered for the first time in over 50 years\n
- Licensed boarding house comprising nine self-contained loft-style studios\n
- Separat e three-bedroom residence and on-site management office\n
- Strong r ental income from an established and well-positioned boarding house busine ss\n
- Exceptional scope to enhance investment returns over time\n < br/> - Opportunity to recreate one magnificent landmark family residence ( STCA)\n
- Outstanding flexibility for investors\, developers and own er-occupiers alike\n
- Exquisite period detailing and soaring ornate ceilings\n
- Original timber floorboards and preserved marble firep laces\n
- Common areas\, front reception space and leadlight windows \n
- Side driveway access to two off-street parking spaces\n
- Directly opposite the expansive greenery of Centennial Park\n
- Str oll to the light rail\, Randwick TAFE\, village shops and cafés\n
- Close to esteemed schools\, Westfield's retail and dining precinct\n
- Moments to The Spot\, Prince of Wales Hospital and UNSW\n
- Clos e proximity to Sydney's eastern beaches and the CBD

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