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