85 Gilderthorpe Avenue, Randwick, NSW 2031 | Property Value & History | OnTheHouse
OFF MARKET

85 Gilderthorpe Avenue
Randwick NSW 2031

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 866m2
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Property Details for 85 Gilderthorpe Ave, Randwick

Building Type
Commercial
Year Built
1965
Land Size
866m2
Local Government
Randwick
Lot/Plan
CP/SP21258

Last Listing description (August 2021)

CBRE as the exclusive listing agent is pleased to present 85 Gilderthorpe Avenue, Randwick to the market for the very first time. This recently renovated complex consists 12 apartments across two buildings configured as nine-two bedroom and three-one bedroom + study apartments with 12 lock up garages, double balconies, internal laundries, built in wardrobes, and all bathrooms are equipped with baths.

Furthermore, additional privacy is presented due to no common walls between apartments, the lush gardens are regularly landscaped, and the building is secured by an intercom system. Commanding an 874sqm* site area, the property is situated on a private and quiet street, bolstered by its proximity to prestigious schools, transport, shops, parks, beaches, and Sydney CBD (5km*).


85 Gilderthorpe Avenue, Randwick benefits from the following key attributes:

Total of 12 apartments consisting 9 x 2 bedroom and 1 x 3 bedroom + study units with 12 secure lock up garages
Full renovation completed as recently as 2010
Premium investment opportunity in Sydney's desired Eastern Suburbs and being presented to the market for the first time
Gross passing income of $401,500* per annum
Significant residential investment in Sydney's desired Eastern Suburbs
Positioned in a quiet, private street moments from transport, shops, prestigious schools, parks, beaches, and Sydney CBD
Strong rental demand in Randwick as 50% of the suburb's population are currently renting
Total Floor Area: 1082sqm* (inclusive of common areas and lock up garages)
Total Unit Area: 732sqm*
Strata titled, offering multiple use cases including selling down, occupying, or to hold for secure income stream
Zoned R3 Medium density Residential

85 Gilderthorpe Avenue, Randwick will be sold via an online Public Auction on Tuesday 3 August 2021 at 10:30am. (Registration, livestream & online bidding available)
Private inspection appointments will be undertaken

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx.

Property History for 85 Gilderthorpe Ave, Randwick, NSW 2031

A timeline of how this property has performed in the market
Listed for Rent
$680/w
22 Sep 2015
  • 12 Jul 2021
    Listed for Sale Contact Agent
  • 22 Sep 2015
    Listed for Rent - Price not available
  • 10 Aug 2015
    Listed for Rent - Price not available
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About 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 17,149 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.
There are currently 38 properties listed for sale, and 69 properties listed for rent in Randwick on OnTheHouse. According to Cotality's data, 637 properties were sold in the past 12 months in Randwick.

Suburb Insights for Randwick 2031

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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.