Rezoned E1 Local Centre (gazetted 18 August 2023), this exceptional site presents a compelling redevelopment opportunity with a 3.6:1 floor space ratio and a 24-metre height limit, allowing potential for 78 storeys (STCA). With an approximate land area of 600 sqm, the planning controls allow for an estimated total saleable floor area of approximately 2,166 sqm (subject to design, approvals and applicable exclusions).Enjoy rare dual street access with 19 metres of frontage to Alison Road and 19 metres to John Lane, providing excellent visibility, flexible access, and enhanced design efficiency for future redevelopment or investment (STCA).Positioned within one of Randwick's most tightly held precincts, the property enjoys protected views over Royal Randwick Racecourse from Level 2 and above, ensuring outlooks that will never be built out. With Centennial Parklands at the doorstep and just 450 metres to the Randwick Gates, the site forms part of the area's rich racing heritage while offering outstanding connectivity.A level 500-metre walk to the Light Rail provides seamless access to the Sydney CBD. Perfectly located between the city and the sea, the property is moments from Randwick Village, local cafs, bus services and the Eastern Suburbs' renowned beaches, delivering a lifestyle defined by convenience, open space and enduring appeal.EOI closing 5.00pm, 5th April 2026
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 17,167 properties. Over the last 5 years, Houses in Randwick have seen a 22.24% increase in median value, while Units have seen a 26.98% increase. As at 31 March 2026:
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