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122A Avoca Street, Randwick NSW

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122A Avoca Street, Randwick NSW
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122A Avoca Street, Randwick NSW

Properties / Buy / New South Wales / Randwick
Development Potential

1. Property Summary

Property Type
Commercial, Residential, Mixed Use
Sub Type
Retail/Shopping Centre, Land Site
Land Area
1,081 m² (*approx)
Selling Method
EOI: Closing Wednesday 20th November 2024 at 4pm (AEDT).
EOI Closing Date
20 Nov 2024 04:00PM
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2. Property Highlights

Eastern Suburbs Development Opportunity with Holding Income
  • Generous 1,081 sqm site
  • Large existing improvements
  • Secure short-term holding income

Stonebridge are pleased to present for sale, 122a Avoca Street, Randwick, an oversized 3-storey building tenanted by Telstra, that offers existing improvements with impressive scale that exceed current planning controls. Secure holding income is on offer via a short-term, landlord-favourable, triple net lease structure.

The asset has the following key investment features:

  • Vibrant Eastern Suburbs locale in close proximity to UNSW and Prince of Wales Hospital
  • Generous 1,081sqm* freehold site along Randwick’s prominent retail strip 
  • Large existing structure with unobstructed city and ocean views from rooftop
  • Capitalise on scale beyond current height and FSR controls^ 
  • Secure short-term holding income from blue-chip tenant via a 3-year secure leaseback 
  • Convenient public transport with regular light rail and buses 

122a Avoca Street, Randwick is for sale via Expressions of Interest closing Wednesday 20th November 2024 at 4pm (AEDT).

For further information, or to arrange an inspection, please contact the exclusive selling agents.

* Approximate ^STCA

Read More
Development Potential

1. Property Summary

Property Type
Commercial, Residential, Mixed Use
Sub-type
Retail/Shopping Centre, Land Site
Land Area
1,081 m² (*approx)
Selling method
EOI: Closing Wednesday 20th November 2024 at 4pm (AEDT).
EOI Closing Date
20 Nov 2024 04:00PM
Add to calendar

2. Property Highlights

Eastern Suburbs Development Opportunity with Holding Income
  • Generous 1,081 sqm site
  • Large existing improvements
  • Secure short-term holding income

Stonebridge are pleased to present for sale, 122a Avoca Street, Randwick, an oversized 3-storey building tenanted by Telstra, that offers existing improvements with impressive scale that exceed current planning controls. Secure holding income is on offer via a short-term, landlord-favourable, triple net lease structure.

The asset has the following key investment features:

  • Vibrant Eastern Suburbs locale in close proximity to UNSW and Prince of Wales Hospital
  • Generous 1,081sqm* freehold site along Randwick’s prominent retail strip 
  • Large existing structure with unobstructed city and ocean views from rooftop
  • Capitalise on scale beyond current height and FSR controls^ 
  • Secure short-term holding income from blue-chip tenant via a 3-year secure leaseback 
  • Convenient public transport with regular light rail and buses 

122a Avoca Street, Randwick is for sale via Expressions of Interest closing Wednesday 20th November 2024 at 4pm (AEDT).

For further information, or to arrange an inspection, please contact the exclusive selling agents.

* Approximate ^STCA

Read More
Development Potential
Spero Xenos
Spero Xenos
+61 *** *** *** show +61 420 544 919
Message Message
+61 420 544 919 sxenos@stonebridge.com.au Message
Lincoln Blackledge
Lincoln Blackledge
+61 *** *** *** show +61 408 780 772
Message Message
+61 408 780 772 lblackledge@stonebridge.com.au Message

Download Development Site Report
Spero Xenos
Spero Xenos
+61 *** *** *** show +61 420 544 919
Message Message
+61 420 544 919 sxenos@stonebridge.com.au Message
Lincoln Blackledge
Lincoln Blackledge
+61 *** *** *** show +61 408 780 772
Message Message
+61 408 780 772 lblackledge@stonebridge.com.au Message

3. Property Location

122A Avoca Street, Randwick NSW

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4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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Download Report
122A Avoca Street, Randwick NSW Randwick
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Stonebridge Property Group
Stonebridge Property Group
Level 7, 14 Martin Place, Sydney NSW 2000
Spero Xenos
Spero Xenos
+61 *** *** *** show +61 420 544 919
Lincoln Blackledge
Lincoln Blackledge
+61 *** *** *** show +61 408 780 772
Enquire