49, 51 and 53 Clovelly Road,
Randwick, NSW 2031

A rare & exciting opportunity exists to purchase three freehold buildings in one line, in a high profile, prized corner location on Gilderthorpe Avenue.

This outstanding offering provides a solid investment, with potential to extensively renovate (STCA), and capitalise on solid rental demand.

All three buildings offer similar layouts, with shop fronts on street & apartments above, each with rear pedestrian lane access to courtyards. Corner terrace also has a single lock up garage.

• Combined land size approx. 404 sqm
• Zone R2, Randwick Council
• Huge scope for renovation (STCA)
• Spread of risk across multiple tenancies
• Passing income could be easily improved
• Handy location, moments to parks & beaches, bus transport at door
Inspect Saturday & Thursday 11 - 11.45am
Auction
Thursday 25 August 2016
6:30pm
Ray White Double Bay Auction Room
356 New South Head Road