Watch Watch
Your home of Development Ready videos
Watch Watch
All Videos
Back
Sold Check
Back to results
Properties / Sold / New South Wales / Randwick
Save
Share
Sold

5 Bishops Avenue, Randwick, NSW, 2031

+6 Photos
/
Images
Close
5 Bishops Avenue, Randwick, NSW, 2031
×
Sold Check
+8 Photos
5 Bishops Avenue, Randwick, NSW, 2031

5 Bishops Avenue, Randwick, NSW, 2031

Properties / Sold / New South Wales / Randwick
Development Potential

1. Property Summary

Property Type
Residential
Land Area
544 m² (*approx)
Selling Method
Auction: Thursday, 9 September 2021.
Show All

2. Property Highlights

Income & Development Potential
  • Operational 17-room boarding house
  • >$217,000 passing income
  • R3 Medium Density Zoning
Offered exclusively for sale via Public Auction, 5 Bishops Avenue represents an opportunity to acquire a high performing boarding house with underlying development upside.
 
Key property highlights include:
  • Strong  positioning within the affluent Eastern Suburbs renowned for its stunning federation architecture and enticing suburban landscape
  • Holding income in excess of $217,000 per annum 
  • Large, rectangular shaped 544m² allotment of land
  • 12.19 X 44.2 metre site dimensions
  • Within a key infrastructure location benefitting from direct access to major transport links
  • Nestled between Sydney’s famous Eastern Beaches such as Clovelly and Coogee, and the Randwick Health precinct including Prince of Wales Hospital
  • Favourable R3 Medium Density Residential which permits a range of potential uses including residential dwellings, boarding houses and townhouse development (subject to relevant approvals)
The property will be sold via Online Auction on Thursday, 9 September 2021.
 
For more information please contact James Cowan or Miron Solomons

Remember to mention you found this property on DevelopmentReady
Read More

1. Property Summary

Property Type
Residential
Land Area
544 m² (*approx)
Selling method
Auction: Thursday, 9 September 2021.

2. Property Highlights

Income & Development Potential
  • Operational 17-room boarding house
  • >$217,000 passing income
  • R3 Medium Density Zoning
Offered exclusively for sale via Public Auction, 5 Bishops Avenue represents an opportunity to acquire a high performing boarding house with underlying development upside.
 
Key property highlights include:
  • Strong  positioning within the affluent Eastern Suburbs renowned for its stunning federation architecture and enticing suburban landscape
  • Holding income in excess of $217,000 per annum 
  • Large, rectangular shaped 544m² allotment of land
  • 12.19 X 44.2 metre site dimensions
  • Within a key infrastructure location benefitting from direct access to major transport links
  • Nestled between Sydney’s famous Eastern Beaches such as Clovelly and Coogee, and the Randwick Health precinct including Prince of Wales Hospital
  • Favourable R3 Medium Density Residential which permits a range of potential uses including residential dwellings, boarding houses and townhouse development (subject to relevant approvals)
The property will be sold via Online Auction on Thursday, 9 September 2021.
 
For more information please contact James Cowan or Miron Solomons

Remember to mention you found this property on DevelopmentReady
Read More
Development Potential
James Cowan
James Cowan
+61 *** *** *** show +61 425 337 691
Miron Solomons
Miron Solomons
+61 *** *** *** show +61 411 709 666

Download Development Site Report

3. Property Location

5 Bishops Avenue, Randwick, NSW, 2031

Property Map
Street View

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
5 Bishops Avenue, Randwick, NSW, 2031 Randwick
Colliers - Sydney CBD
Colliers - Sydney CBD
Level 30, Grosvenor Place, 225 George Street, Sydney, NSW, 2000
View Agency Profile
James Cowan
James Cowan
+61 *** *** *** show +61 425 337 691
Miron Solomons
Miron Solomons
+61 *** *** *** show +61 411 709 666