23 Belmore Road, Randwick, NSW 2031

X Commercial presents 23 Belmore Road, Randwick, a E2 Commercial Centre site with DA approval for 9 self-contained studio apartments above an existing commercial space. New planning controls may allow for improvements to the existing DA (STCA).

Set on 228sqm land with a 230sqm gross floor area, it enjoys high foot traffic in Randwick's thriving retail and hospitality district. The ground-floor restaurant is fully equipped and leased to a longstanding tenant with a demolition clause, offering future development flexibility.

Surrounded by national operators, cafés, and retailers, the property benefits from frequent buses to Sydney CBD and Bondi Junction, with the upcoming light rail further boosting accessibility. Close to Prince of Wales Hospital, UNSW, The Royal Shopping Center, Coles, and Harris Farm Markets, it's a prime investment with strong growth potential.

/ DA Approved for: 9 x Self-Contained Studio Apartments, 1 x Ground Floor Commercial Shop, Communal Room & Large Rooftop Terrace. Imporvements could be made to DA with the new planning controls (STCA)
/ Zoned E2 Commercial Centre - Flexible development & business potential
/ Approx 228sqm Land Size
/ Approx 230sqm Internal Area
/ High Foot Traffic & Prime Exposure in Randwick's retail & hospitality district
/ Restaurant Leased to a longstanding tenant with a demolition clause for future flexibility
/ Rare opportunity in a prime location with significant development potential & strong income stream

Expressions of Interest closing 12pm, 9th April 2025

Contact the Exclusive Selling Agents
Angus Morrison - 0411 299 322
Daniel O'Brien - 0404 860 747