Entire Block Of 4 Semi-Sized Apartments On 682sqm With 0.9:1 FSR And A Significant Development Upside

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
* Semi-like layouts, 2 apartments per floor
* 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