OFF MARKET

1 King Street
Randwick NSW 2031

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 112m2
Land area: 177m2
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Property Details for 1 King St, Randwick

Building Type
Commercial
Year Built
1920
Floor Size
112m2
Land Size
177m2
Local Government
Randwick
Lot/Plan
5/1/DP902

Last Listing description (July 2024)

The property represents a great opportunity for an incoming developer to acquire a DA and CC Approved development site in a strategic location within Randwick.

This property benefits from the following key attributes:

- DA Approved for the construction of an 8-studio double-storey house

- Land area of 180sqm* with 14sqm communal open space
- Close proximity to key transport infrastructure, employment opportunities, lifestyle amenity, and educational establishments
- 5 mins walk to bus stops and light rail station, providing express services to UNSW, Green Square, Coogee Beach, Mascot Commercial Area and Sydney CBD.
- Opportunity to capitalise on strong student demand and residential growth through forecast increased migration.

Property Reference: #S-15

Property History for 1 King St, Randwick, NSW 2031

A timeline of how this property has performed in the market
Last Sold
$2,050,000
16 Sep 2021
Listed for Rent
$800/w
02 Mar 2022
  • 08 May 2024
    Listed for Sale Contact Agent
  • 11 Nov 2022
    Listed for Sale Contact Agent
  • 23 Feb 2022
    Listed for Rent $800 / week
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About Randwick 2031

The size of Randwick is approximately 5.4 square kilometres. It has 25 parks covering nearly 20.6% of total area. The population of Randwick in 2011 was 27,740 people. By 2016 the population was 29,998 showing a population growth of 8.1% in the area during that time. The predominant age group in Randwick is 30-39 years. Households in Randwick are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Randwick work in a professional occupation. In 2011, 49.3% of the homes in Randwick were owner-occupied compared with 46.4% in 2016.

Randwick has 16,987 properties.

    There are currently 31 properties listed for sale, and 100 properties listed for rent in Randwick on OnTheHouse. According to CoreLogic's data, 638 properties were sold in the past 12 months in Randwick.

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.