1-5/78 Alison Road

Off Market

1-5/78 Alison Road

Randwick NSW 2031

670.3 m²

Block of units

Last sold for $5,800,000

Melanie Lahoud, last sold this property on 24 February 2026 after 25 days on market.

Overview

Another Block Sold by Sydney's Apartment Block Specialists

A rare and remarkable offering in one of Randwick's most popular pockets, this entire block of five apartments presents an exceptional opportunity for investors, SMSFs, developers and long-term holders alike. Comprising 4 x two bedroom and 1 x six bedroom apartments plus 3 lock up garages, the property delivers strong existing income with outstanding value-add potential. • Entire block of 5 apartments • 4 x 2br + 1 x 6br, 3 lock up garages • Set over 670sqm of land with huge LMR upside (see Page 5 of Information Memorandum) • High-demand position moments to Randwick village, transport and amenities • Ideal for long-term hold, future redevelopment or strategic sell-down (STCA) • Strong rental demographic near Light Rail, UNSW and Prince of Wales Hospital • Perfectly positioned directly opposite Royal Randwick Racecourse • Current rental income of $209,508 per annum (well under market) Ray White Double Bay - Exceptional Living Begins Here Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY

Features

14 bedrooms

6 bathrooms

3 carspaces

3 garage spaces

670.3 m² lot size

Block of units

Estimated Value

We need at least 3 similar 14 bedroom block of units sold in Randwick over the last 12 months.

Property history for 1-5/78 Alison Road

2026

Sold

$5,800,000

24 Feb 2026 by Melanie Lahoud, of Ray White Double Bay

Happy sellers in Randwick

82%

82% of sellers in Randwick reported that their sale price either exceeded or met their price expectations.

Randwick stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 103 reviews in Randwick over the last 12 months.

Local market activity for 14 bedroom block of units in Randwick

In the last 12 months, 1 numeral.14-bedroom block of units similar to 1-5/78 Alison Road, have been sold.

This represents a 100% decrease in numeral.14-bedroom block of units sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Randwick for a free market appraisal.

Daniel Cachia

at PPD Real Estate

4.9

(402 reviews)

Get a free market appraisal

Michael Levy

at Ray White Park Coast East

4.9

(176 reviews)

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Andrew Pillari

at Century 21 Classic

(32 reviews)

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Emilee Tayyara

at Belle Property Randwick

(172 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Randwick

Daniel Cachia

Sellers who recommend Daniel Cachia have praised them for being clear communication, local expert, responsive, honest, supportive, friendly and well-prepared