SOLD
Sold on 01 Feb 2024 for $4,630,000

191 Clovelly Road
Randwick NSW 2031

Bedrooms: 6
Bathrooms: 6
Car spaces: -
Land area: 336m2
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Property Details for 191 Clovelly Rd, Randwick

191 Clovelly Rd, Randwick is a 6 bedroom, 6 bathroom House. The property has a land size of 336m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 6 bedroom House sold in Randwick in the last 12 months.

Building Type
House
Land Size
336m2
Local Government
Randwick
Lot/Plan
2/DP15654

Last Listing description (June 2023)

ENTIRE BLOCK OF 6 APARTMENTS - TO BE SOLD IN ONE LINE!

A rare and incredible opportunity exists to secure a pristine block in a highly coveted location just a sea breeze away from Sydney's prized coastal beaches, trendy cafes and all amenities.

This beautifully maintained coastal gem boasts 6 x 1 bedroom apartments retaining original Art Deco features. Refurbished with potential to further update and add value, with Cesarstone/timber kitchens and stainless steel appliances, a sunny common rear yard and laundry facilities. Hold as a secure investment, or renovate and capitalise on solid rental potential with potential for rental increases.

Position perfect! Ideal for a self-managed superannuation fund or the astute investor!

- Current income - $176,000 (With growth potential)

- Water rates - $4,041 per annum (approx)
- Council rates - $5,681 per annum (approx)

- Land size - 16.92/9.22 x 24.23/28.75 (336 sqm ) approx

- Apartments 1 & 4 - 50 sqm (approx)
- Apartments 2 & 5 - 55 sqm (approx)
- Apartments 3 & 6 - 46 sqm (approx)

For further information please contact Belle Property Randwick selling agents Shane Vincent 0425 333 400 or Clive Carter 0421 164 951

Property History for 191 Clovelly Rd, Randwick, NSW 2031

A timeline of how this property has performed in the market
Last Sold
$4,630,000
01 Feb 2024
  • 01 Feb 2024
    Sold for $4,630,000
  • 29 Mar 2023
    Listed for Sale EXPRESSIONS OF INTEREST
  • 21 May 2020
    Listed for Rent - Price not available
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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 16,981 properties. Over the last 5 years, Houses in Randwick have seen a 59.23% increase in median value, while Units have seen a 35.57% increase. As at 31 July 2024:

  • The median value for Houses in Randwick is $3,485,793 while the median value for Units is $1,192,174.
  • Houses have a median rent of $1,300 while Units have a median rent of $800.
There are currently 51 properties listed for sale, and 60 properties listed for rent in Randwick on OnTheHouse. According to CoreLogic's data, 639 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.