An exciting opportunity exists to acquire a zoned R3 property set on an approx. 651sqm* block offering boundless potential and possibilities. Exceptionally located in the heart of Randwick, it currently comprises a service station and a mechanic, both of which yield a substantial return while there is scope for numerous residential or commercial endeavours. With 0.9:1 FSR and a height limit of 12 metres. It is positioned within a short stroll to Frenchmans Road's village shops and cafés, popular neighbourhood pubs, public transport, and moments to Clovelly beach.
Highlights:
- Currently dual tenancy with mechanic and service station
- Zoned R3 on substantial 651sqm* block
- FSR 0.9:1, 12m height limit, positioned in heart of Randwick
- Scope for numerous business, creative, commercial endeavours
- Easy access to village shops and eateries, Randwick Junction
- Close to schools, public transport, eastern beaches
- Walk to Frenchmans Road's cafés, close to UNSW, POW Hospital
*Denotes approx.
Remember to mention you found this property on DevelopmentReady
An exciting opportunity exists to acquire a zoned R3 property set on an approx. 651sqm* block offering boundless potential and possibilities. Exceptionally located in the heart of Randwick, it currently comprises a service station and a mechanic, both of which yield a substantial return while there is scope for numerous residential or commercial endeavours. With 0.9:1 FSR and a height limit of 12 metres. It is positioned within a short stroll to Frenchmans Road's village shops and cafés, popular neighbourhood pubs, public transport, and moments to Clovelly beach.
Highlights:
- Currently dual tenancy with mechanic and service station
- Zoned R3 on substantial 651sqm* block
- FSR 0.9:1, 12m height limit, positioned in heart of Randwick
- Scope for numerous business, creative, commercial endeavours
- Easy access to village shops and eateries, Randwick Junction
- Close to schools, public transport, eastern beaches
- Walk to Frenchmans Road's cafés, close to UNSW, POW Hospital
*Denotes approx.
Remember to mention you found this property on DevelopmentReady