88-120 Clovelly RoadRandwick NSW 2031
Property Details for 88-120 Clovelly Rd, Randwick
Last Listing description (May 2026)
651sqm* Block In The Heart Of Randwick | Dual Tenancy | Further Upside
An exciting opportunity presents itself to secure a rare R3-zoned property set on an expansive 651sqm* block, offering boundless potential for development or investment. Ideally positioned in the heart of Randwick, the site currently features a dual-tenancy setup with a service station and mechanic, both delivering strong rental returns. With an FSR of 0.9:1 and a height limit of 12 metres, the property provides outstanding scope for residential, commercial, or creative redevelopment (STCA).
Conveniently located just a short stroll from Frenchmans Road's vibrant village shops and cafs, popular local pubs, and public transport, this versatile site is also moments from Clovelly Beach, UNSW, and the Prince of Wales Hospital.
Key Highlights:
- Generous 651sqm* block with R3 zoning
- FSR 0.9:1 and 12m height limit provide flexible development options (STCA)
- Ideal for residential, business, or mixed-use projects
- Walking distance to Frenchmans Road village, Randwick Junction, and public transport
- Close to leading schools, UNSW, Prince of Wales Hospital, and eastern beaches
*All areas are approximate and subject to council approval.
Property History for 88-120 Clovelly Rd, Randwick, NSW 2031
- 15 May 2026Listed for Sale Under Offer
- 28 Oct 2022Listed for Sale Auction
Recent sales nearby
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About Randwick 2031
The size of Randwick is approximately 5.4 square kilometres. There are 25 parks, covering nearly 20.6% of the 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 17,270 properties. Over the last 5 years, Houses in Randwick have seen a -1.58% decrease in median value, while Units have seen a 11.20% increase. As at 31 July 2026:
- The median value for Houses in Randwick is $3,303,403 while the median value for Units is $1,251,258.
- Houses have a median rent of $1,575 while Units have a median rent of $895.
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