2-6 Belmore RoadRandwick NSW 2031
Property Details for 2-6 Belmore Rd, Randwick
Last Listing description (August 2022)
CBRE, as the exclusive listing agent is pleased to present 2-10 Belmore Road, Randwick. The property is a fully let, North-East facing mixed use freehold building with significant development upside (STCA) 6.2km* from Sydney CBD. The site consists six boutique retail stores and a dance studio occupying the generous space upstairs, generating approximately $468,740* in gross annual rent. Enjoying 490sqm* total site area with rear pedestrian access, the property is opportunely situated on Randwick's main commercial thoroughfare, benefiting from high profile foot traffic through surrounding infrastructure and local amenity including hospitals, schools, education, and shopping centres.
Belmore Road is positioned to capitalise on the dense population immediately generated from two shopping centres, Prince of Wales hospital, Sydney Children's hospital, and University of New South Wales all within 1km*.
2-10 Belmore Road, Randwick benefits from the following key attributes:
Fully let to seven established and popular tenants
North-East facing mixed use freehold building with development upside (STCA)
Large site area of 490sqm* with rear street access
Ideally positioned in the centre of Randwick's main commercial hub, only 6.2km* from Sydney CBD
High exposure corner location with dual street frontages to Belmore Road (28m*) and Alison Road (7.5m*)
Height of building limit of 12 metres.
Floor space ratio of 2:1
B2 Local centre zoning
2-10 Belmore Road, Randwick will be sold via an Expressions of interest campaign closing on Wednesday 14th of July 2021 at 4:00pm.
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
*Approx.
Property History for 2-6 Belmore Rd, Randwick, NSW 2031
- 31 May 2021Listed for Sale Contact Agent
- 16 Jan 2020Listed for Rent - Price not available
- 07 Mar 2019Listed for Sale For Sale $5,600,000
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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 17,144 properties. Over the last 5 years, Houses in Randwick have seen a 39.57% increase in median value, while Units have seen a 35.46% increase. As at 31 December 2025:
- The median value for Houses in Randwick is $3,706,188 while the median value for Units is $1,305,870.
- Houses have a median rent of $925 while Units have a median rent of $850.
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