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Sold on 27 Feb 2018

12 Dine Street Randwick NSW 2031

  • Other
  • 793 m²
  • Sold

CENTRAL RANDWICK APARTMENT BLOCK

  • Positive Rental Reversion Opportunity
  • Estimated Gross Income : $304,200*p.a.
  • 9 x 2 Bed apartments with secure parking

CBRE, as the exclusive selling agent, is pleased to present an opportunity to acquire a residential apartment block in one of the Sydney’s burgeoning growth suburbs, Randwick.

Well-positioned in the heart of Randwick, 12 Dine Street stands as a prime investment into a coveted suburb forecasted to continue its rapid growth in the coming years.

12 Dine Street benefits from the following key attributes:
- 9 x 2 bedroom apartments, each with a designated parking space
- Positive rental reversion opportunity to align rents to market
- Estimated annual gross income of $304,200* per annum
- Positioned 300m* from the incoming Randwick Light Rail, 600m* from UNSW and 1.4km* from Coogee Beach
- Opportunity to strata and sell down individually
- Secure asset in growth suburb

The property will be offered for sale via Public Auction on Tuesday 27 February 2018 at 10:30am.

For further information, contact:

Paul Grasso - 0434 497 793
Gemma Isgro - 0403 230 085
Nicholas Heaton - 0408 025 097

AUCTION

Auction date and time27/02/2018 10:30
Auction locationAuctionWORKS, Sydney

Property Highlights

Property ID2014150434
Date Sold27 Feb 2018
Floor Area793 m²
Land AreaAsk Agent
ParkingAsk Agent
Category
Last updated  27 Feb 2018
Map for 12 Dine Street Randwick NSW 2031
CBRE Sydney
Level 21 363 George Street Sydney NSW 2000

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