3 Botany Street,
Randwick, NSW 2031
Other • Hotel, Motel & Leisure
Price information
Sold
$6,020,000
Detailed listing
Key property information
Land area
Floor area
Car spaces
Parking info
Zoning
Tenure type
Sold on
D'Ettorre Real Estate
Shop 2 / 640 Crown StreetSURRY HILLS, NSW 2010
3 Botany Street
Randwick, NSW 2031
Detailed listing
Map of 3 Botany Street
"Randwick City Lodge" A beautifully appointed boutique guesthouse
High yielding investment opportunity under the same ownership for 23 years; this charming guesthouse from 1910 has recently undergone renovations to unite period elegance with a sophisticated contemporary aesthetic.
Spread over 536sqm of land it features 21 boutique rooms with kitchenettes (9 fully self-contained) and occupies a premier position just metres to cafes, boutique shopping, parks, cinemas, beaches, schools, light rail, UNSW & Prince Of Wales Hospital. With long- & short-term accommodation & additional Air B&B with high yielding income, this truly is a proven & secure investment opportunity in the heart of the highly prized suburb of Randwick.
Property overview:
• Same ownership for 23 years
• 536sqm, zoned R3 medium density residential, FSR 0:9:1, Height 12m
• 21 boutique rooms with kitchenettes, 9 fully self-contained with ensuited
• To be sold fully furnished as a going concern
• Solid investment GAR $526,431 CY2023
• Common areas include rear courtyard with BBQ, laundry room with coin operated facilities & modern gas kitchen with amenities
• Solar panels and batteries proving to greatly reduce electricity bills.
• Handy and functional large outdoor automated retractable awning with weather sensors.
• Separate office with plenty of storage space
• All rooms feature digital combination locks
• Secure lock up garage with additional car space
• Ultra convenient location, walking distance to all that Randwick has to offer
Open For Inspections: Wednesdays 1:00pm - 1:30pm
In conjunction with Oxford Agency.
Matt Marano - 0404 089 362
Daniel Marano - 0430 458 223
Spread over 536sqm of land it features 21 boutique rooms with kitchenettes (9 fully self-contained) and occupies a premier position just metres to cafes, boutique shopping, parks, cinemas, beaches, schools, light rail, UNSW & Prince Of Wales Hospital. With long- & short-term accommodation & additional Air B&B with high yielding income, this truly is a proven & secure investment opportunity in the heart of the highly prized suburb of Randwick.
Property overview:
• Same ownership for 23 years
• 536sqm, zoned R3 medium density residential, FSR 0:9:1, Height 12m
• 21 boutique rooms with kitchenettes, 9 fully self-contained with ensuited
• To be sold fully furnished as a going concern
• Solid investment GAR $526,431 CY2023
• Common areas include rear courtyard with BBQ, laundry room with coin operated facilities & modern gas kitchen with amenities
• Solar panels and batteries proving to greatly reduce electricity bills.
• Handy and functional large outdoor automated retractable awning with weather sensors.
• Separate office with plenty of storage space
• All rooms feature digital combination locks
• Secure lock up garage with additional car space
• Ultra convenient location, walking distance to all that Randwick has to offer
Open For Inspections: Wednesdays 1:00pm - 1:30pm
In conjunction with Oxford Agency.
Matt Marano - 0404 089 362
Daniel Marano - 0430 458 223
Property ID: 503472590Last Updated: 23 Apr 2024
D'Ettorre Real EstateShop 2 / 640 Crown Street
SURRY HILLS, NSW 2010
SURRY HILLS, NSW 2010
More properties from D'Ettorre Real Estate
Other properties you might be interested in based on the location and property type you are looking at.