78 Alison RoadRandwick NSW 2031
Property Details for 78 Alison Rd, Randwick
78 Alison Rd, Randwick is a 13 bedroom, 6 bathroom Unit with 3 parking spaces. The property has a land size of 670m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
Last Listing description (May 2021)
Douglas Hall, Entire Art Deco Block For Sale In One Line, Blue-Chip Investment/Development
Occupying a prime corner site with dual street frontage, Douglas Hall overlooks the Royal Randwick Racecourse in a gateway location a level 650m to the Randwick Gates to Centennial Park with the light rail to the city just across the street. A blue-chip opportunity for the investor, developer or SMSF buyer, this valuable land bank asset is an ideal low-maintenance portfolio addition with a strong income stream, excellent rental demand and capital growth potential. Occupying a 670sqm parcel of land with triple garaging via Cowper Street, the unique freehold property comprises a grand family sized whole-floor residence and four semi-like apartments on the upper levels. Fresh updated interiors retain their period charm with high ornate ceilings, original joinery and stained glass windows serving as a gracious reminder of the past. Retain as a solid income earner, live in the ground floor residence and rent the upper level apartments or explore the potential to renovate and sub-divide the apartments for future resale (STCA); the possibilities are endless.
* Blue-chip freehold property on 670sqm
* 5 apartments offered for sale in one line
* Grand house-like ground floor residence
* Wide terrazzo-floored front verandah
* Stunning entry hall with parquet floors
* 5 huge bedrooms plus a separate study
* Grand living room with a feature fireplace
* Renovated gas kitchen and 2 bathrooms
* 4 semi-like apartments on the upper level
* Leafy elevated views over the racecourse
* All with a sunroom, eat-in gas kitchens
* High ornate ceilings, leadlight windows
* Solid double brick build, huge frontage
* Sunny shared garden with bbq terrace
* 3 lock-up garages (via Cowper Street)
* 300m to the Wansey Rd light rail stop
* Walk to Centennial Park and UNSW
* Annual rental return $166,599 per annum approx (with potential for 10-20% upside)
* Retain, renovate of fully develop STCA
* Exceptional capital growth potential
* Scope for future strata subdivision STCA
Property History for 78 Alison Rd, Randwick, NSW 2031
- 06 Apr 2021Listed for Sale Auction 8 May
- 24 Oct 2019Listed for Rent $595 / week
- 13 Aug 2015Listed for Rent $1,390 / week
Recent sales nearby
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0About 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 17,145 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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