153 Clovelly RoadRandwick NSW 2031
Property Details for 153 Clovelly Rd, Randwick
153 Clovelly Rd, Randwick is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 168m2 and floor size of 2m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
Last Listing description (September 2024)
Raine&Horne Kingsford are pleased to present as the exclusive selling agents, 153 Clovelly Road, Randwick. Perfectly positioned at the hub's entrance, this freehold commercial shop and residential terrace at the rear, is ideal for investors.
Enjoying high foot traffic and surrounded by a buzzing cosmopolitan lifestyle, this property is the ideal acquisition for an astute property portfolio. Currently leased to a long-term successful tenant "Crust" and residential tenants at the rear, this property offers long term security and solid capital growth.
Key Features Include:
• Site Area: 164.4sqm*
• Rear lane access, with lock up garage
• Total Net Rent $147,258.97 + GST + outgoings with annual reviews
• Operating as a fully functional pizzeria, "Crust", an established business for over 15 years.
• Lease Terms: 3 years with a 5 + 5 year option
• Fully equipped kitchen facilities and bathroom within the commercial space
• Zoning: B1 Neighbourhood Centre
• Three-bedroom, two-bathroom residential terrace style property at the rear of the building with courtyard
The property is offered for sale by Tuesday 14th May 2024 at 10.30am.
Auction WORKS: Mezzanine Level/50 Margaret St, Sydney NSW 2000
Inspections:
Friday 26th April at 4:00pm
For further details or to arrange an inspection, please contact the exclusive selling agent, Sam Karatasas on 0418 280 923.
*Approx
Property History for 153 Clovelly Rd, Randwick, NSW 2031
- 05 Jun 2024Sold for $2,800,000
- 08 Apr 2024Listed for Sale Auction
- 04 Jan 2023Sold
Recent sales nearby
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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 17,137 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.
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