1-6/216 Alison Road, Randwick
Serious investors will appreciate the rarity of this remarkable opportunity, presenting this whole building of 6 apartments recently updated apartments. It is fully leased to instantly offer excellent returns, in a location of timeless appeal that is just footsteps from Avoca Street shops and Alison Park.
Every residence has been updated, with a focus on contemporary style and low-maintenance living. The 1 bedroom apartments provide a car space, while the 3 bedroom apartments also offer two bathrooms and a lock-up garage, features that appeal to young families who are choosing Randwick for its reputation for quality schools, shopping and dining, as well as its close proximity to beaches and the CBD.
Apartment 1 – 3 bedroom, 2 bathrooms, 1 garage, leased at $1,150 per week Apartment 2 – 3 bedroom, 2 bathrooms, 1 garage, leased at $1,275 per week Apartment 3 – 3 bedroom, 2 bathrooms, 1 garage, leased at $1,050 per week Apartment 4 – 3 bedroom, 2 bathrooms, 1 garage, leased at $1,100 per week Apartment 5 – 1 bedroom, 1 bathroom, 1 carspace, leased at $810 per week Apartment 6 – 1 bedroom, 1 bathroom, 1 carspace, leased at $810 per week
Occupies 603 sqm, R3 Medium Density Residential Zoning
Top floor ocean & district views across Coogee and surrounds
Buy and hold now, with potential to sell each one individually
4 x 3 bedroom apartments featuring ensuites and lock-up garage
2 x 1 bedroom apartments also providing onsite car spaces
Alison Park on the street, Randwick Public School is 500m away
Nearby buses travel to beaches, Bondi Junction and Eastgardens
Easy walk to light rail, University of NSW, and Prince of Wales Hospital
Address is approx. 2kms from Coogee Beach & 5kms from CBD
