A prime investment opportunity in the heart of Belmore Road, adjoining the Royal Randwick Shopping Centre and moments to both Prince of Wales Hospital and the University of NSW. Positioned on Level 3 at Randwick Central & managed by the acclaimed Veriu Group, this 2 bedroom, 2 bathroom, 1 car space Serviced Strata Apartment offers a high yielding investment opportunity. A set & forget investment where there are no management fees, low strata levies & guaranteed income with no vacancies. Plus annual CPI increases and market reviews built into the lease with a further 3 x 4 year options to run. Ideal for a self-managed super fund. Well serviced by light rail and other public transport, Centennial Park & Coogee Beach are each 2km away and the Sydney CBD 17min by car.
- A $875pw guaranteed rental
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 17,147 properties. Over the last 5 years, Houses in Randwick have seen a 38.13% increase in median value, while Units have seen a 37.19% increase. As at 31 January 2026:
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