122a Avoca Street

Randwick NSW 2031

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122a Avoca Street Randwick NSW 2031

Development / Land
1,081 m²
For Sale, Contact Agent

Eastern Suburbs Development Opportunity with Holding Income

Generous 1,081 sqm site
Large existing improvements
Secure short-term holding income

Stonebridge are pleased to present for sale, 122a Avoca Street, Randwick, an oversized 3-storey building tenanted by Telstra, that offers existing improvements with impressive scale that exceed current planning controls. Secure holding income is on offer via a short-term, landlord-favourable, triple net lease structure.

The asset has the following key investment features:

+ Vibrant Eastern Suburbs locale in close proximity to UNSW and Prince of Wales Hospital

+ Generous 1,081sqm* freehold site along Randwick's prominent retail strip

+ Large existing structure with unobstructed city and ocean views from rooftop

+ Capitalise on scale beyond current height and FSR controls^

+ Secure short-term holding income from blue-chip tenant via a 3-year secure leaseback

+ Convenient public transport with regular light rail and buses

* Approximate ^STCA

122a Avoca Street, Randwick is for sale via Expressions of Interest closing Wednesday 20th November 2024 at 4pm (AEDT).

For further information, or to arrange an inspection, please contact the exclusive selling agents.

Stonebridge Property Group

Level 7, Martin Place

Sydney, NSW 2000

Property Highlights

Floor Area	Ask Agent
Land Area	1,081 m²
Parking	On site parking available
Annual Return	Ask Agent
Availability	Ask Agent
Property ID	2019581668
Category	Development / Land Offices Shop & Retail Showrooms / Bulky Goods
Last updated	27 Oct 2024

Map for 122a Avoca Street Randwick NSW 2031

Nearest transport* to 122a Avoca Street Randwick NSW 2031

Bus

Train

Tram

Ferry

Alison Rd At Avoca St	52 m
Marcellin College, Alison Rd	92 m
Avoca St Opp Marcellin College	123 m
Alison Park, Alison Rd	149 m

*Within a 4km radius

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Stonebridge Property Group

Level 7, Martin Place

Sydney, NSW 2000

Property Highlights

Floor Area	Ask Agent
Land Area	1,081 m²
Parking	On site parking available
Annual Return	Ask Agent
Availability	Ask Agent
Property ID	2019581668
Category	Development / Land Offices Shop & Retail Showrooms / Bulky Goods
Last updated	27 Oct 2024

Co-Agents

Lincoln Blackledge

Stonebridge Property Group

Call

+61 408 780 772

Spero Xenos

Stonebridge Property Group

Call

+61 420 544 919

More about 122a Avoca Street Randwick NSW 2031

122a Avoca Street Randwick NSW 2031 is categorized as Land & Development Property. It has a land area of 1,081 m². The listing ID for this property is 2019581668.