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3 Botany Street Randwick NSW 2031

  • Development / Land
  • 536 m²
  • Commercial Auction

Randwick City Lodge- A beautifully appointed boutique guesthouse

    First time offered in 20 years; this charming guesthouse from 1910 has recently undergone renovations to unite period elegance with a sophisticated contemporary aesthetic.
    Spread over 536sqm of land it features 21 boutique rooms with kitchenettes (9 fully self-contained) and occupies a premier position just metres to cafes, boutique shopping, parks, cinemas, beaches, schools, light rail, UNSW & Prince Of Wales Hospital.
    With long & short term accomodation & additional Air B&B with high yielding income, this truly is a proven & secure investment opportunity in the heart of the highly prized suburb of Randwick.

    Highlights:
    _ First time offered in 20 years
    536sqm, zoned R3 medium density residential, FSR 0:9:1, Height 12m
    21 boutique rooms with kitchenettes, 9 fully self-contained with ensuites
    To be sold fully furnished as a going concern
    Solid investment GAR $467.740 based on 100% occupancy
    Common areas include; rear courtyard with BBQ, laundry room with coin operated facilities & modern gas kitchen with amenities
    Separate office with plenty of storage space
    All rooms feature digital combination locks
    Secure lock up garage with additional car space
    Ultra convenient location, walking distance to all that Randwick has to offer

    Co Agent:
    DETTORRE REAL ESTATE
    Dominic Dettorre - 0411 389 384
    Samuel Pacitto-Rusconi - 0403 062 850

    AUCTION

    Auction date and time14/03/2020 01:30
    Auction location3 Botany Street, Randwick NSW

    Property Highlights

    Property ID2016082861
    Floor Area356 m²
    Land Area536 m²
    Parking2 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  19 Nov 2020
    Map for 3 Botany Street Randwick NSW 2031
    Map for 3 Botany Street Randwick NSW 20313 Botany Street Randwick NSW 2031
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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    Property Highlights

    Property ID2016082861
    Floor Area356 m²
    Land Area536 m²
    Parking2 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  19 Nov 2020
    Oxford Agency
    40-42 Flinders St Darlinghurst NSW 2010

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