Lot 11/49-51 Belmore Rd, Randwick, NSW 2031 | Commercial for sale | OnTheHouse
FOR SALE
$4,650,000

Lot 11/49-51 Belmore Road
Randwick NSW 2031

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 357m2
Land area: 357m2
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Blue Chip Investment Opportunity

Ray White Commercial Eastern Suburbs is pleased to present for Sale Lot 11, 49-51 Belmore Road Randwick, an ideal superfund investment occupied by Westpac Bank in one of Sydney's busiest eastern suburbs.
Key features of this exceptionally presented opportunity include:
+ Established new lease to Westpac until May 2030
+ Additional 3 + 3 + 3 year options to 2039
+ Net income approx. $256,000 per annum
+ Approx. 345.8 sqm of prime ground floor strata retail area
+ Rear lane access to 4 secure undercover car spaces
+ Tightly held, high traffic retail and commercial precinct
Positioned in the energetic heart of Randwick, only meters to Royal Randwick Shopping Centre, moments to the University of New South Wales, Hospitals, Royal Randwick Racecourse, with easy transport links direct to the CBD.
To organize a private inspection contact Grant Whiteman on 0418 244 566

Property Details for Lot 11/49-51 Belmore Rd, Randwick

Building Type
Commercial
Floor Size
357m2
Land Size
357m2
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About Randwick 2031

The size of Randwick is approximately 5.4 square kilometres. It has 25 parks covering nearly 20.6% of total area. The population of Randwick in 2016 was 29986 people. By 2021 the population was 28943 showing a population decline of 3.5% in the area during that time. The predominant age group in Randwick is 30-39 years. Households in Randwick are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Randwick work in a professional occupation.In 2021, 46.80% of the homes in Randwick were owner-occupied compared with 46.40% in 2016.

Randwick has 17,138 properties. Over the last 5 years, Houses in Randwick have seen a 42.60% increase in median value, while Units have seen a 37.98% increase. As at 30 November 2025:

  • The median value for Houses in Randwick is $3,702,007 while the median value for Units is $1,309,261.
  • Houses have a median rent of $925 while Units have a median rent of $850.
There are currently 27 properties listed for sale, and 59 properties listed for rent in Randwick on OnTheHouse. According to Cotality's data, 607 properties were sold in the past 12 months in Randwick.

Suburb Insights for Randwick 2031

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Grant Whiteman
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.