101 Avoca Street, Randwick NSW 2031

A rare investment opportunity in this highly sort after location of 4 x 3 bedrooms units, this art deco building with massive potential offers a variety of opportunities. Positioned on the Northern side of Randwick and easy access to Randwick Junction, walking distance to Queens & Centennial Park.

- Land dimensions: 10.72 / 10.02 X 39.66 / 35.82 = 419.4 sqm approx.

- R3 Zoned – FSR .9/1 (.5 bonus for Boarding house) HOB 12m

- Potential to further update apartments and increase rental yield

- Currently returning $138K pa with huge upside with small renovations

- Features include high decorative ceilings, Picture rails & low maintenance common areas

- 4 x 2.5 bedrooms, oversized internal areas

- Semi-sized internal, plus external laundries

- Strata titled low maintenance block

- Large rear yard and rear lane access (possible off street parking)

Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.

Remember to mention you found this property on CommercialReady