"Randwick City Lodge" A beautifully appointed boutique guesthouse
3 Botany Street, Randwick NSW 2031
Auction 23/04/24
Other CommercialSize: n/a
Block size: 536 m² approx.
High yielding investment opportunity under the same ownership for 23 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:
• Same ownership for 23 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 $526,431 CY2023
• Common areas include rear courtyard with BBQ, laundry room with coin operated facilities & modern gas kitchen with amenities
• Solar panels and batteries proving to greatly reduce electricity bills.
• Handy and functional large outdoor automated retractable awning with weather sensors.
• 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
Open For Inspections: Wednesdays 1:00pm - 1:30pm
In conjunction with Oxford Agency.
Matt Marano - 0404 089 362
Daniel Marano - 0430 458 223
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:
• Same ownership for 23 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 $526,431 CY2023
• Common areas include rear courtyard with BBQ, laundry room with coin operated facilities & modern gas kitchen with amenities
• Solar panels and batteries proving to greatly reduce electricity bills.
• Handy and functional large outdoor automated retractable awning with weather sensors.
• 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
Open For Inspections: Wednesdays 1:00pm - 1:30pm
In conjunction with Oxford Agency.
Matt Marano - 0404 089 362
Daniel Marano - 0430 458 223
Inspections
No open inspections scheduled.
Send an enquiry
Contact Dominic D'Ettorre to learn more about this property, request an inspection or take an online tour.
Auction
Tuesday 23 April, 10:30am
AuctionWORKS
Key details
Property type:
Other Commercial
Block Size:
536 m²*
Other Details
Lot:
1
Plan Type:
DP
Plan:
320579
Legal description:
1/320579
Maps and area information
Block information
Block size: 536m² (approx)
Legal description: 1/320579
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
We couldn't find any history for this property.
See Randwick's suburb profile
Randwick suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
37 years
Population
28,943
Listing ID: 182377189. This listing has been viewed 3 times. It was first displayed on 15/03/2024 and last updated on 15/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.