Added 3 days ago
122a Avoca Street,
Randwick, NSW 2031
Development Sites & Land • Shops & Retail • Showrooms & Large Format Retail
Added 3 days ago
Price information
Sale - Expression of Interest closing Wed 20 Nov
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Detailed listing
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Expression of Interest
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Stonebridge Property Group - Sydney
Level 7, 14 Martin PlaceSYDNEY, NSW 2000
122a Avoca Street
Randwick, NSW 2031
Detailed listing
Map of 122a Avoca Street
Train stations within 5 km of 122a Avoca Street, Randwick, NSW 2031 Distance Bondi Junction Station 2.5 km Green Square Train Station 3.7 km Edgecliff Station 3.9 km Waterloo Station 4.3 km Central Station 4.5 km POWERED BY HERE ©Tram stops within 5 km of 122a Avoca Street, Randwick, NSW 2031 Distance Surry Hills Light Train Station 3.9 km Central Chalmers Street 4.5 km Central Station Light Rail 4.7 km Capitol Square Light Rail Station 4.9 km POWERED BY HERE ©Bus stops within 5 km of 122a Avoca Street, Randwick, NSW 2031 Distance Alison Rd Near Avoca St 61 m Alison Rd Opp Lingard St 83 m Alison Rd Near Belmore Rd 150 m Avoca St Near Frances St 156 m Avoca St Opp Albert St 177 m POWERED BY HERE ©
POWERED BY HERE ©
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
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
Property ID: 504718748Last Updated: 22 Oct 2024
Stonebridge Property Group - SydneyLevel 7, 14 Martin Place
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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