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154 Avoca St Apartment Building For Sale Randwick, NSW 2031
Investment Highlights
- Rebuilt Victorian structure with modern design
- Unregistered strata plan offers flexibility
- 11 high-spec apartments with strong income
- Additional development potential on 677 m² site
Executive Summary
This Eastern Suburbs trophy apartment block offers investors a generational opportunity to secure a fully leased, income-generating asset in one of Sydney’s most sought-after residential precincts. The property combines immediate revenue strength — with approximately $550,000 p.a. gross holding income — and long-term capital growth derived from strata sell-down potential and additional GFA possibilities under recent LMR reforms (STCA). Strategically located just 400m from the Randwick Health & Innovation Precinct and moments from UNSW and the light rail, the asset benefits from sustained tenant demand and institutional amenity. Coupled with premium design, secure basement parking, and flexible planning advantages, this holding is positioned for enduring performance.
Property Facts
| Sale Type | Investment | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 32,259 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Building Class | B |
| Sale Type | Investment |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 32,259 SF |
| No. Stories | 3 |
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154 Avoca St
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