Deceased Estate – Panel Beater Workshop + First Floor Residential Apartment
On behalf of the Estate, Colliers & HillCo Property Group offer 1 Lingard Street, Randwick a unique opportunity in one of Sydney’s most desirable and tightly held commercial markets.
Currently configured as a panel beater with separate first floor residence and valuable onsite parking, the property offers huge potential for investors, owner occupiers or developers to capitalise on this substantial land holding.
1 Lingard Street, Randwick offers:
+ Established panel beater currently operating as D & D Automobile Refinishers
+ Separate expansive whole first floor three-bedroom residence, with large outdoor terrace
+ Valuable onsite parking
+ Land Area of 623m² approx.
+ Existing Gross Building Area of 1,499m² approx.
+ Flexible R3 Zoning - Medium Density Residential, offering a number of potential development outcomes (STCA**)
+ Potential to owner occupy, invest or develop (STCA)
+ Huge potential to improve upon the existing income profile.
+ Exceptional transport options with Light Rail stop nearby
+ Superb position to nearby amenities, Royal Randwick Shopping Centre, POWH, UNSW & Coogee Beach
Colliers & HillCo Property Group exclusively offer 1 Lingard Street, Randwick for sale via Public Auction on Thursday, 29 February 2024 at 10:30am (AEDT) at Cooley CBD Auction Centre, Level 5, 1 Margaret Street, Sydney.
*Approximately
** Subject to Council Approval
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