Once in a lifetime opportunity First time offered in 20 years; this charming guesthouse from 1910 has recently undergone renovations to unite period elegance with a sophisticated contemporary aesthetic.

Spread over 536sqm of land it features 21 boutique rooms with kitchenettes (9 fully self-contained) and occupies a premier position just metres to cafes, boutique shopping, parks, cinemas, beaches, schools, light rail, UNSW & Prince Of Wales Hospital. With long- & short-term accommodation & additional Air B&B with high yielding income, this truly is a proven & secure investment opportunity in the heart of the highly prized suburb of Randwick.

 Property overview:

– First time offered in 20 years

– 536sqm, zoned R3 medium density residential, FSR 0:9:1, Height 12m

– 21 boutique rooms with kitchenettes, 9 fully self-contained with ensuited

– To be sold fully furnished as a going concern

– Solid investment GAR $467,740 based on 100% occupancy

– Common areas include rear courtyard with BBQ, laundry room with coin operated facilities & modern gas kitchen with amenities

– Separate office with plenty of storage space

– All rooms feature digital combination locks

– Secure lock up garage with additional car space

– Ultra convenient location, walking distance to all that Randwick has to offer

In conjunction with Oxford Agency.
Matt Marano – 0404 089 362
Daniel Marano – 0430 458 223