23 Belmore Rd Randwick NSW 2031

This remarkable property boasts a two-story mixed-use freehold, accompanied by a coveted DA for the construction of 9 self-contained studio apartments above existing commercial premises.
Main Features:
* A rare opportunity to capitalize on a DA project approved for 9 x self-contained studio apartments to be built above the existing, that provides an ideal investment opportunity.
* Also approved is communal room and large roof top terrace
* Spacious restaurant with a fully equipped kitchen, cold storage, and a grease trap, currently leased to longstanding tenant with a long history in Randwick. Lease currently has a demolition clause that is advantageous for both developers and investors, providing flexibility for future plans.

This is a unique opportunity to acquire a strategically positioned property in the heart of Randwick with significant development potential and a strong income stream. For further details and to explore this exceptional investment, please contact our exclusive selling agents.

Contact: George Karabalios 0411 505 111
Inspect: By Private Appointment