Auction "must be sold" Commercial Freehold Shop & Residence
Positioned in the heart of bustling Randwick, directly adjacent to both Royal Randwick Shopping Centre and Randwick Plaza Shopping centre, this property presents a rare opportunity to secure a land value site in one of Sydney’s most dynamic and tightly held retail and lifestyle precincts. This long established local landmark offers superb potential for redevelopment, renovation or investment (STCA) and is surrounded by every convenience that defines Randwick’s thriving village atmosphere.
Please note that due to the property’s current condition and heavy clutter, no open homes will be held. The property is being sold "as is" and offered at land value. For serious buyers who genuinely need to view the interior, a limited walkthrough can be arranged. All unconditional offers prior to Auction will be considered for immediate sale.
Prime Location
Directly opposite Royal Randwick Shopping Centre & Randwick plaza, with Woolworths, cafés, specialty stores and medical facilities
Walking distance to Prince of Wales Hospital, Sydney Children’s Hospital, UNSW, and the Randwick Health & Innovation Precinct – one of Sydney’s key growth corridors
Easy access to Belmore Road retail strip, major banks, gyms, restaurants, and community facilities
Adjacent to Randwick Library and public transport interchange with multiple bus routes to the CBD, Bondi Junction, and Coogee Beach
Minutes to Centennial Parklands, Royal Randwick Racecourse, and The Spot dining precinct
L2 Light Rail from High Street outside the former Prince of Wales Hospital provides fast, direct access to the CBD, Moore Park, Surry Hills, and Central, seamlessly connecting with local bus routes and major precincts
Strong local catchment of professionals, medical staff, students, and residents ensuring consistent foot traffic and high year round demand
Property Highlights
Prime main road frontage with outstanding pedestrian and vehicle exposure
No heritage restrictions
Flexible use: retail, showroom, office or boutique redevelopment (STCA)
Zoned E2 – Commercial Centre (formerly 3A General Business)
FSR: 2:1–2.49 | Height limit: 12.9 m
Land area: 174 m² (approx) | Frontage: 6.68 m | Depth: 26.52 m (approx)
Off-street parking plus lock-up garage via Short Street right of way and Avoca Street roller access
Offered with Vacant possession
Within Randwick LEP 2012, part of an established and growing business corridor
Summary
A blue chip Eastern Suburbs address, with proven strong capital growth history
High exposure site in a tightly held sought after commercial strip
Supported by major infrastructure, health, education and retail investment
Rare small scale commercial freehold with redevelopment upside (stca)
A blank canvas ready for its next chapter, a sound foundation for retail and professional precincts
