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216 Alison Road
Randwick NSW 2031
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216 Alison Road Randwick NSW 2031

  • Development / Land
  • 603 m²
  • For Sale, Contact Agent

6 Unit Residential Block with R3 Zoning

    I.B Property is pleased to present 216 Alison Road, Randwick, a prime investment opportunity comprising six apartments in-one-line thoughtfully designed by leading Architects MNHDU.

    This fully leased residential property boasts a mix of four x 3-bedroom, 2-bathroom residences, and two x 1-bedroom, 1-bathroom units, each with allocated car spaces including four lock-up garages.

    Situated on a generous land area of 603sqm*, the property generates a substantial gross income of $317,599 per annum*, offering a solid return. Benefiting from R3 Zoning, the updated apartments feature modern amenities, with the top floor units enjoying sweeping ocean views.

    Located in the prestigious Eastern Suburbs, the property offers convenience with proximity to UNSW, Prince of Wales Private Hospital, Royal Randwick Race Course, Sydney Children's Hospital, Randwick Village, train stations, and the light rail, making it an attractive option for investors seeking a superior location with strong rental demand.

    Key Highlights:

    - 6 apartments in-one-line including 4 x 3 bedroom, 2 Bathroom, 1 Car spaces and 2 x 1 bedroom, 1 bathroom, 1 car space.
    - Fully leased investment opportunity
    - Land area 603sqm*
    - 6 x car spaces // 4 x lock-up garages
    - R3 - Medium Density Residential
    - Newly updated apartments
    - MHNDU Designed
    - Ocean views from top floor
    - Close to UNSW, Prince of Wales Private Hospital, Royal Randwick Race Course, Sydney Children's Hospital, Randwick Village & only 600m to Light rail.

    For more information or to organise an inspection please contact the exclusive selling agents:

    Shane Blackett 0410 093 392
    Izabella Manning 0411 822 772

    IB Property
    IB Property
    322 Crown Street
    Surry Hills, NSW 2010

    Property Highlights

    Floor Area422 m²
    Land Area603 m²
    Parking6 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019238409
    Category
    Last updated  2 Sep 2024
    Map for 216 Alison Road Randwick NSW 2031

    Nearest transport* to 216 Alison Road Randwick NSW 2031

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    IB Property
    IB Property
    322 Crown Street
    Surry Hills, NSW 2010

    Property Highlights

    Floor Area422 m²
    Land Area603 m²
    Parking6 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019238409
    Category
    Last updated  2 Sep 2024

    More about 216 Alison Road Randwick NSW 2031

    216 Alison Road Randwick NSW 2031 is categorized as Land & Development Property. It has a floor area of 422 m² and a land area of 603 m². There are 6 x onsite parkings.The listing ID for this property is 2019238409.

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