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40 Dutruc Street Randwick NSW 2031

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40 Dutruc Street Randwick NSW 2031

Randwick

40 Dutruc Street Randwick NSW 2031
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40 Dutruc Street Randwick NSW 2031

40 Dutruc Street Randwick NSW 2031

Properties / Sold / New South Wales / Randwick
Development Approved
Property Type
Residential
Sub Type
Apartment Sites
Land Area
525 sqm (*approx)
Selling Method
Auction:
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Rare DA Approved Site for Boutique Block of 8 Apartments With Income

AUCTION TUESDAY 20TH JUNE 2017 AT DOUBLE BAY AUCTION CENTRE
INSPECT THURS & SAT 10AM - 10.30AM
(COMMENCING 25TH MAY, 2017)

40 Dutruc Street Randwick is currently being operated as a boarding house with approval as a development site with DA approval for 8 apartments over 3 levels, 9 car spaces, rear lane access and private storage area. The site is well located close to schools, transport, Randwick shops, Coogee and Clovelly beaches, Light Rail, UNSW, Sydney Airport, Sydney CBD, TAFE (Randwick), Prince of Wales Hospital, Randwick Racecourse and Bondi Junction Westfield.

Current Rental Income $120,000 PA
Potential Gross Income After DA Completion Approx. $416,600 P.A - 4 x 2 Bedroom Apartments at $1,100pw = $228,800 P.A + 4 x 2 Bedroom Apartments at $900pw = $187,200 P.A
Site Area 525sqm approx. with rear lane access

Please enquire now for a copy of the INFORMATION MEMORANDUM

Remember to mention you found this property on Developmentready.com.au

Read More
Development Approved

40 Dutruc Street Development Site Summary

Property Type
Residential
Sub-type
Apartment Sites
Land Area
525 sqm (*approx)
Selling method
Auction:

Development Site Highlights

Rare DA Approved Site for Boutique Block of 8 Apartments With Income

AUCTION TUESDAY 20TH JUNE 2017 AT DOUBLE BAY AUCTION CENTRE
INSPECT THURS & SAT 10AM - 10.30AM
(COMMENCING 25TH MAY, 2017)

40 Dutruc Street Randwick is currently being operated as a boarding house with approval as a development site with DA approval for 8 apartments over 3 levels, 9 car spaces, rear lane access and private storage area. The site is well located close to schools, transport, Randwick shops, Coogee and Clovelly beaches, Light Rail, UNSW, Sydney Airport, Sydney CBD, TAFE (Randwick), Prince of Wales Hospital, Randwick Racecourse and Bondi Junction Westfield.

Current Rental Income $120,000 PA
Potential Gross Income After DA Completion Approx. $416,600 P.A - 4 x 2 Bedroom Apartments at $1,100pw = $228,800 P.A + 4 x 2 Bedroom Apartments at $900pw = $187,200 P.A
Site Area 525sqm approx. with rear lane access

Please enquire now for a copy of the INFORMATION MEMORANDUM

Remember to mention you found this property on Developmentready.com.au

Read More
Development Approved
Marcello Bo
Marcello Bo
+61 *** *** *** show +61 425 343 406
Alex Santelli
Alex Santelli
+61 *** *** *** show +61 403 104 146
Marcello Bo
Marcello Bo
+61 *** *** *** show +61 425 343 406
Alex Santelli
Alex Santelli
+61 *** *** *** show +61 403 104 146

Finance Calculator

40 Dutruc Street Randwick NSW 2031

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Property Location of 40 Dutruc Street Randwick NSW 2031

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Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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40 Dutruc Street Randwick NSW 2031 Randwick
Ray White - Bondi Junction
Ray White - Bondi Junction
22 Spring St, Bondi Junction, NSW 2022
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Marcello Bo
Marcello Bo
+61 *** *** *** show +61 425 343 406
Alex Santelli
Alex Santelli
+61 *** *** *** show +61 403 104 146