THE PROPERTY DEVELOPMENT REVIEW
88-120 Clovelly Road, Randwick
Land area *651m 2
Tenture type Tenanted Investment
Floor area *951m 2
PRIME DEVELOPMENT OPPORTUNITY IN THE HEART OF RANDWICK An exciting opportunity exists to acquire a zoned R3 property set on an approx. 651sqm* block offering boundless potential and possibilities. Exceptionally located in the heart of Randwick, it currently comprises a service station and a mechanic, both of which yield a substantial return while there is scope for numerous residential or commercial endeavours. With 0.9:1 FSR and a height limit of 12 metres. It is positioned within a short stroll to Frenchmans Road’s village shops and cafés, popular neighbourhood pubs, public transport, and moments to Clovelly beach.
• Currently dual tenancy with mechanic and service station • Zoned R2 on substantial 651sqm* block • FSR 0.9:1, 12m height limit, positioned in heart of Randwick • Scope for numerous business, creative, commercial endeavours • Easy access to village shops and eateries, Randwick Junction • Close to schools, public transport, eastern beaches • Walk to Frenchmans Road’s cafés, close to UNSW, POW Hospital * Denotes approximate
James Nixon 0415 889 284 james@projects.rh.com.au
VIEW LISTING
Outline Indicative Only
DA Approved for Australia’s Largest Highway Service Centre – 28.12ha* freehold straddling both sides of the Hume Hwy – Proposal features approved, on-grade overpass over the Hume Hwy connecting both sides of the development – Located at the midway point between Melbourne and Sydney and 14km’s* from the Adelaide turn off (Sturt Hwy) – Strategic logistics destination with 1.5 million* heavy vehicles passing through the site every year – Develop in stages, landbank or subdivide (STCA)
For Sale: 5069 Hume Hwy, Tarcutta NSW 2652 EOI closing Wed 30th Nov at 2pm
Andrew Greenway — 0409 547 626 Andrew Waddell — 0419 400 991 Alex Ham — 0410 545 226
*Approx.
Summer 2022/2023 – 53
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