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Sold on 19 Jul 2018

345 Avoca Street Randwick NSW 2031

  • Development / Land
  • 982 m²
  • Sold

For Sale – Remarkable Randwick Freehold Opportunity

  • Iconic corner location
  • Tenanted investment
  • Invest, occupy, land bank or develop

JLL is pleased to exclusively offer 345 Avoca Street, Randwick For Sale via Public Auction, on Thursday 19th July 2018 at Cooley CBD, Level 5, One Margaret Street, Sydney. This is a rare opportunity to purchase a freehold site in Sydney’s Eastern Suburbs which presents a great investment and land bank opportunity.

The key features of this property include:
- 982sqm (approx.) total site area
- Annual rental - $275,756. Long leases with annual increases in place until 2020
- Well established service station and mechanic operators with a residential dwelling located above. Three tenants providing split risk
- Zoning - R2 Low Density Residential
- Iconic corner location in Sydney’s most premier suburb
- Strategically positioned within walking distance to Randwick’s future light rail, Royal Randwick Shopping Centre, UNSW and Prince of Wales Hospital
- Randwick is seeing strong population growth through increased medium density housing and a large increase in infrastructure.

For Sale via Public Auction
10:30am (AEST) Thursday 19th July 2018
Cooley CBD, Level 5, One Margaret Street, Sydney

For further information or to organise an inspection please contact the exclusive JLL sales agents

Edward Washer
0435 782 455

Property Highlights

Property ID2014445671
Date Sold19 Jul 2018
Floor Area982 m²
Land Area982 m²
ParkingAsk Agent
Category
Last updated  7 Sep 2018
Map for 345 Avoca Street Randwick NSW 2031
JLL - Mascot
5.01 Connect Corporate Centre 191 O'riordan St Mascot NSW 2020

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