$6,020,000
21 Bed • 13 Bath • 2 Car • 536m²
New
Sold
Sold
3 Botany Street, Randwick NSW 2031
$6,020,000
- 21Bed
- 13Bath
- 2 Car
- 536m²
House Sold on Tue 23 Apr, 2024
What's around Botany Street
House description
““Randwick City Lodge” A beautifully appointed boutique guesthouse”
High yielding investment opportunity under the same ownership for 23 years; this charming guesthouse from 1910 has recently undergone renovations to unite period elegance with a sophisticated contemporary aesthetic.
Spread over 536sqm of land it features 21 boutique rooms with kitchenettes (9 fully self-contained) and occupies a premier position just metres to cafes, boutique shopping, parks, cinemas, beaches, schools, light rail, UNSW & Prince Of Wales Hospital. With long- & short-term accommodation & additional Air B&B with high yielding income, this truly is a proven & secure investment opportunity in the heart of the highly prized suburb of Randwick.
Property Highlights:
• Same ownership for 23 years
• 536sqm, zoned R3 medium density residential, FSR 0:9:1, Height 12m
• 21 boutique rooms with kitchenettes, 9 fully self-contained with ensuited
• To be sold fully furnished as a going concern
• Solid investment GAR $526,431 CY2023
• Common areas include rear courtyard with BBQ, laundry room with coin operated facilities & modern gas kitchen with amenities
• Solar panels and batteries proving to greatly reduce electricity bills.
• Handy and functional large outdoor automated retractable awning with weather sensors.
• Separate office with plenty of storage space
• All rooms feature digital combination locks
• Secure lock up garage with additional car space
• Ultra convenient location, walking distance to all that Randwick has to offer
*In Conjunction with D’Ettorre Real Estate
Dominic D’Ettorre
M: 0411 389 384
E: [email protected]
Samuel Pacitto-Rusconi
M: 0403 062 850
E: [email protected]
Other features
0Land details
What's around Botany Street
Contact the real estate agent
Matt Marano
Oxford Real Estate - Darlinghurst
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