31 Botany Street Randwick, 2031 NSW
Freehold Boarding House in Terrific Location
Unique to the market, this entire freehold boarding house presents an extraordinary opportunity in the heart of Randwick's university and hospital precinct. A blue-chip landbank asset for the developer, SMSF buyer or investor with high rental demand and capital growth potential, the eleven bedroom's are presented in excellent condition and include two kitchens, three bathrooms and four carspaces. Retain as a sound investment, renovate the existing rooms or explore the potential to further develop and create a luxury boutique development (STCA). The character-filled full brick block is set on approximately 372sqm near the corner of Botany Street, opposite Writtle Park, with Belmore Road's shopping hub at the end of the street.
Sold $3,400,000
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Nicholas Armstrong-Smith
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Levi Menaker