1-9/40 Waratah Avenue, Randwick NSW 2031

Whole Block Of 9 To Be Sold In One Line, Blue Chip Investment Opportunity

Unrivalled opportunity in the heart of Randwick to secure whole block of 6 x 2 bedroom units and 3 x 1 bedroom units, all with lock up garages, separate laundries and storage rooms and balconies.
Offering the discerning investor a multitude of opportunities including potential to Strata and possible refurbishment/redevelopment (STCA) all within walking distance of new light rail, UNSW, POW Hospital Campus, & Belmore Rd shopping and transport hub.

- Zoned R3 - Medium to high density
- 9 overiszed units in total - versatile mix of 1 and 2 bedrooms
- Ideal long term investment or individual resale opportunity after strata subdivision (STCA
- Instant income stream with current leases in place return $235,683p.a. (approx)
- Blank canvass opportunity with possibility to rebuild/redevelop (STCA)


Disclaimer: Mint360property have no reason to doubt the accuracy of the property information provided. We request that at all times you inspect the property and make and rely upon your own enquiries.