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Land/Development for Sale in Randwick
Boutique Development Opportunity Near Coogee Beach - Existing Unit Block with Upside!
- Land: 632m²
Next Steps:
Enquire with agentThis prime 632 sqm site is positioned between the vibrant Randwick Village and the iconic Coogee Beach. Currently home to a block of 4 x 2-bedroom apartments, the property presents significant redevelopment potential, while continuing to generate existing rental income.
Key Highlights:
- Elevated 632 sqm parcel with 15.4m frontage
- Opportunity for a boutique apartment development with potential views towards the coastline (STCA)
- 1.5:1 floor space ratio and 17.5m height limit.
- Flexible R3 Medium density residential zoning, now offering apartment block devlepment potential
- Potential to increase height and FSR by 30% by including affordable housing.
- Desirable Location, moments from Coogee Beach and Randwick village & Health / Education Precinct
- Well maintained apartment block with 4 x 2 bedroom units, generating rental income
- Close to bus routes and Randwick Light Rail, connecting to Sydney CBD, UNSW, and Coogee Beach.
For more information or to arrange an inspection, please contact the exclusive agents.
A 100% freehold interest in 10 Coogee Street, Randwick is being offered via Public Auction. The forthcoming auction date will be advised.
Contact Mark Fragias - 0410 435 100
mark.fragias@raywhite.com
In Conjunction with Adam Charles - Adam Bodon 0402 700 786
Land:
632m² / 0.16 acres
Tenancy:
Vacant
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