11/49-51 Belmore RoadRandwick NSW 2031
Property Details for 11/49-51 Belmore Rd, Randwick
Last Listing description (July 2025)
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 History for 11/49-51 Belmore Rd, Randwick, NSW 2031
- 23 May 2025Listed for Sale $4,650,000
- 17 Jul 2018Listed for Sale Not Disclosed
- 29 Aug 2014Sold for $5,388,000
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About Randwick 2031
The size of Randwick is approximately 5.4 square kilometres. There are 25 parks, covering nearly 20.6% of the 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 17,247 properties. Over the last 5 years, Houses in Randwick have seen a 3.53% increase in median value, while Units have seen a 14.37% increase. As at 30 June 2026:
- The median value for Houses in Randwick is $3,433,685 while the median value for Units is $1,270,451.
- Houses have a median rent of $1,450 while Units have a median rent of $880.
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