2-6 Belmore Road, Randwick, NSW 2031

Development/Land | Retail

For Sale Contact Agent

  • Property ID: 392802
  • Floor Area: 420m²
  • Land Area: 320m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
MIXED USE CORNER FREEHOLD WITH DEVELOPMENT UPSIDE

CBRE, as the exclusive listing agent is pleased to present 2-6 Belmore Road, Randwick. A fully let premium mixed use investment opportunity with development upside in Sydney's affluent Eastern Suburbs, only 6.2km* from Sydney CBD. Boasting a site area of 320sqm* and leased to five tenants, the building provides good passing income with value add upside.
Belmore Road is positioned to capitalise on the dense population immediately generated from two shopping centres, Prince of Wales hospital, Sydney Children's hospital, and University of New South Wales all within 1km*.
2-6 Belmore Road, Randwick benefits from the following key attributes:
•Fully let to five established and popular tenants
•North-East facing mixed use freehold building with development upside (STCA)
•Existing GFA of approx 420sqm across two stories
•Large site area of 320sqm* wirh rear street access
•Previously DA approved for alterations to the existing building to create a shop top housing development.
•Ideally positioned in the centre of Randwick’s main commercial hub, only 6.2km* from Sydney CBD
•High exposure corner location with dual street frontages to Belmore Road (24m*) and Alison Road (7.5m*)
•Height of building limit of 12 metres.
2-6 Belmore Road, Randwick will be sold via a Public Auction on Tuesday 22 July 2021 at AuctionWORKS Mezzanine Level, 50 Margaret Street, Sydney NSW 2000 (Livestream and Online Bidding available)
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
*Approx.

Randwick Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $649 ---
Retail $8125 --- ---
This is the average advertised price, rent and yield for Randwick, NSW 2031*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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