218 Clovelly Road, Randwick, NSW 2031 | Property Value & History | OnTheHouse
OFF MARKET

218 Clovelly Road
Randwick NSW 2031

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 114m2
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Property Details for 218 Clovelly Rd, Randwick

Building Type
Commercial
Land Size
114m2
Local Government
Randwick
Lot/Plan
103/DP861160

Last Listing description (July 2019)

Mixed Use Terrace In The Heart Of Clovelly's Shopping Village, Retail Space + 2 Bed Apartment + DA Approved Plans For Additional 1 Bed Apartment
An outstanding investment prospect, this commercial/residential terrace features a prominent location in the heart of the Clovelly village's thriving neighbourhood shopping hub. Comprising a high-exposure retail space and a private renovated two-bedroom apartment, the property presents a unique opportunity for the long-term investor or owner-occupier with potential to live and work at the same premises. Currently trading as an established hair salon, the glass-fronted 80sqm approx retail space features excellent exposure to pedestrian and vehicular traffic. The private two-bedroom apartment features a secure entry via Mount Street with a 6-month tenancy in place offering excellent rental yields and capital growth potential. Take advantage of this rare opportunity to secure a multi-use property in the heart of Clovelly village's premier retail address.
* Zoned B1 neighbourhood centre

* Prime location in the village heart
* 2 tenancies, for sale in one line
* Prominent glass-fronted retail space
* Currently an established hair salon
* Custom fit-out, reverse cycle air
* Terrazzo floors, barrel-vaulted ceiling
* Exposed brickwork, custom joinery
* Secure tenancy with option to extend
* Private renovated 2 bed apartment
* Secure rear entry via Mount Street
* Both bedrooms with built-in robes
* Open plan living/dining, reverse air
* Contemporary kitchen and bathroom
* Private laundry room, video intercom
* Apartment rental return $34,840 per annum
* Commercial rental return $67,600 per annum (1 year x 3 year x 3 year option)
* Every convenience at the doorstep
* Walk to Clovelly Beach and ocean pool

Property History for 218 Clovelly Rd, Randwick, NSW 2031

A timeline of how this property has performed in the market
Last Sold
$104,500
09 Oct 1997
  • 03 May 2019
    Listed for Sale Contact Agent
  • 09 Oct 1997
    Sold for $104,500
  • 22 May 1996
    Sold for $275,000
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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 17,239 properties. Over the last 5 years, Houses in Randwick have seen a 8.41% increase in median value, while Units have seen a 20.43% increase. As at 31 May 2026:

  • The median value for Houses in Randwick is $3,496,983 while the median value for Units is $1,311,116.
  • Houses have a median rent of $1,545 while Units have a median rent of $880.
There are currently 43 properties listed for sale, and 87 properties listed for rent in Randwick on OnTheHouse. According to Cotality's data, 608 properties were sold in the past 12 months in Randwick.

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Cotality Copyright and Legal Disclaimers about Property Data
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.