OFF MARKET

225 Avoca Street
Randwick NSW 2031

Bedrooms: -
Bathrooms: -
Car spaces: 13
Floor area: 78m2
Land area: 594m2
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Property Details for 225 Avoca St, Randwick

225 Avoca St, Randwick is a 0 bedroom, 0 bathroom House with 13 parking spaces and was built in 1971. The property has a land size of 594m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1971
Floor Size
78m2
Land Size
594m2
Local Government
Randwick
Lot/Plan
G/DP368437

Last Listing description (August 2023)

Unique opportunity to secure this fantastic investment property.
Land area approximately 598sqm
Whole block comprising 6x2 bedrooms with balconies and 3x1 bedrooms.

Laundry facilities
2 x storerooms available for lease
1 x toilet for tradesmen
Rear lane access

Strategically located opposite POW Hospital, moments away from light rail and public transport, Randwick Shopping precinct, UNSW, The Spot and Coogee Beach.
Ideal long term investment or individual re-sale potential

Rental Information:
Unit 1 - $400 per week - Expires 22/04/22
Unit 2 - $545 per week - Expires 09/03/22
Unit 3 - $545 per week - Vacant
Unit 4 - $430 per week - Expires 01/05/22
Unit 5 - $545 per week - Expires 25/12/22
Unit 6 - $550 per week - Expires 07/09/22
Unit 7 - $420 per week - Expires 16/04/22
Unit 8 - $545 per week - Vacant
Unit 9 - $560 per week - Expires 02/10/22

Annual return $236,080 approximately with significant upside potential
Council $9,071.46 per annum
Water $2,253 per quarter

* Inspections are strictly by appointment only at anytime.
* The property is scheduled for auction on Thursday, 28th October 2021.

For more information, please contact Craig Pontey on 0419 40 40 40

Property History for 225 Avoca St, Randwick, NSW 2031

A timeline of how this property has performed in the market
Last Sold
$8,300,000
28 Oct 2021
Listed for Rent
$555/w
05 Jan 2022
  • 28 Oct 2021
    Sold for $8,300,000
  • 30 Sep 2021
    Listed for Sale Auction
  • 13 Aug 2021
    Listed for Rent $565 / 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, 637 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.