4 x lock up shops 3 fronting Belmore Road and 1 fronting Short Street
3 x Residential flats. (2 x 2 bedroom and 1 x 3 bedroom) Accessed from Short Street
High visibility landmark building with a low risk position in the heart of the Randwick Commercial district Two-level prime holding. 3 shops fronting Belmore Road and one shop fronting Short Street with residential flats accessed via short street. Water glimpse from upper level. Possibilities to upgrade, develop, sub divide (STCA)
This property enjoys an enormous commercial professional catchment area being just across the street from Royal Randwick Shopping Centre and opposite the Randwick Plaza and a short stroll to or from the Light Rail High Street terminus, Prince of Wales Hospital and within close proximity of both the university and medical precinct. Enormous scope to upgrade existing facilities to further enhance rental yield.
GAR on Fully Let basis (estimated) $343,750.00 (approx.)
Zoning: E2 Commercial Centre