41 Prince StreetRandwick NSW 2031
Property Details for 41 Prince St, Randwick
41 Prince St, Randwick is a 8 bedroom, 4 bathroom House. The property has a land size of 682m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 8 bedroom House sold in Randwick in the last 12 months.
Last Listing description (May 2024)
Offered for sale in one line, this entire block of four semi-sized apartments presents an incredible opportunity to secure a prime investment and invaluable landbank asset in a blue-chip location across the street from the Wansey Road light rail on the edge of Randwick town centre. Capturing views over Royal Randwick Racecourse from the upper level apartments, the boutique block holds a commanding elevated position with a 15m street frontage and sunny common garden at the rear. A prime 682sqm parcel of land with a 0.9:1 FSR (maximum 12m height) and medium density zoning offers a significant bricks and mortar asset with an exciting future upside in a first-class position with vast untapped potential. Explore the endless opportunities with scope for future strata subdivision, renovate and add value or retain as a solid income earner in a blue-chip location just 1km to Randwick's world-class medical and education precinct.
* Character filled block of 4 apartments
* Double-brick building, company title
* Each with 2 large beds and a sunroom
* 2 with Royal Randwick Racecourse views
* High ornate ceilings, timber floorboards
* Separate living and dining, fireplaces
* Large gas kitchens, original bathrooms
* Sunny common garden with a large lawn
* Overlooks Kynaston Avenue Reserve
* Prime landbank asset, versatile potential
* Ideal project for the developer or investor
* 200m to the Wansey Road light rail stop
* 500m to Belmore Road's shopping village
* Randwick Public School catchment area
* Easy access to the city and Coogee Beach
* 650m to UNSW, 1km to Centennial Park
Property History for 41 Prince St, Randwick, NSW 2031
- 08 Jul 2024Listed for Rent - Price not available
- 20 May 2024Sold for $6,650,000
- 02 May 2024Listed for Sale SOLD $6,650,000
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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.
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