RWC Sydney City Fringe and RWC Eastern Suburbs are pleased to offer Lot 13, 70-72 Perouse Road, Randwick, for sale.
This high profile property has been occupied by Australia Post for more than a decade. It boasts a wide retail frontage and benefits from a large amount of passing foot and vehicle traffic. Internally the Australia Post fit out comprises a customer service centre and counter, mail room and package distribution areas, back-of-house and private post box area accessed via separate entry on Perouse Road.
Key Property Highlights:
- Long established lease to Australian Postal Corporation
- Retail Area: 127sqm*
- Parking Area: 28sqm*
- Total Strata Area: 155sqm*
- Leased investment generating a Annual Net Income of $108,500 + GST
- Renewed 3-year lease from Dec 2024, plus 2 further option terms of 3 years each
- Annual CPI rent increases (next increase Dec 2025)
- Attractive net lease - tenant pays 100% outgoings (Council, Water, Strata Levies)
- Established and super busy Australia Post Office
- Prime retail position with high foot & vehicle traffic
- Randwick: One of Sydney's most desirable suburbs - projected growth of 30,500* people by 2041
Lot 13, 70-72 Perouse Road, Randwick, for sale via private treaty.
For more information or to arrange an inspection, please get in touch with the sales agents below:
Kristian Morris | 0411 415 297
Principal & Licensee in Charge
RWC Sydney City Fringe
Grant Whiteman | 0418 244 566
Director
RWC Eastern Suburbs
Zac Melamed | 0452 008 887
Sales & Leasing Associate
RWC Sydney City Fringe
*approximately
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 17,148 properties. Over the last 5 years, Houses in Randwick have seen a 37.29% increase in median value, while Units have seen a 33.48% increase. As at 28 February 2026:
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