Landmark Randwick Apartment Block with Development Potential
Located on convenient St Pauls Street in the heart of Randwick, this boutique block of 12 two-bedroom apartments presents a rare opportunity to secure an entire complex with strong existing income.
Well-maintained and tightly held, the property offers immediate returns in one of the Eastern Suburbs' most consistently high-demand locations, just moments from UNSW, Prince of Wales Hospital, local shops, and excellent transport connections.
Underpinned by valuable LMR zoning, the site delivers outstanding future upside, with potential to enhance both yield and long-term capital growth (STCA). An exceptional opportunity for investors, developers, and value-add buyers seeking a premium asset with scale, stability, and significant development potential.
- Boutique block of 12 x two-bedroom apartments
- Strong and reliable existing rental income
- LMR zoning with potential uplift (STCA)
- Significant upside to increase yield and asset value
- Prime Randwick location near UNSW & Prince of Wales Hospital
- Close to shops, transport and key lifestyle amenities
- Ideal for investors, developers and value-add buyers
Features
24 bedrooms
12 bathrooms
directions_car9 carspaces
crop_free682 m² lot size
cottageBlock of units
Property history for 9 St Pauls Street
2025
Rented
Undisclosed
Leased on 06 Oct 2025 by Lifestyle Property Agency
Happy sellers in Randwick
89%
sentiment_very_satisfied
89% 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 122 reviews in Randwick over the last 12 months.
Local market activity for 24 bedroom block of units in Randwick
Sold
For Sale
For Rent
View the listing for inspection times, agent contact details, and more.