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
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