119-123 Belmore Road, Randwick, NSW 2031

For Sale | Contact Agent

Block Of Units
Type
7
Bedrooms
3
Bathrooms

Published on Wednesday, April 01, 2026 ( See property details for 119-123 Belmore Road, Randwick, NSW 2031)

For Sale | Contact Agent

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A rare, high-performing mixed-use asset in Randwick's thriving commercial heart, offering immediate income and significant future growth potential.

🏡 Property Highlights

  • Prime corner position with high visibility in Randwick's commercial precinct
  • Mixed-use asset with strong existing income from retail and residential tenants
  • Fully leased retail shops with prime frontage to Belmore Road and Short Street
  • Renovated spacious 2-bedroom and 3-bedroom apartments with excellent tenant appeal
  • Located opposite major retail hubs including Royal Randwick Shopping Centre and Randwick Plaza
  • Close proximity to Light Rail, Prince of Wales Hospital, UNSW, and medical/educational precincts

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Randwick is a vibrant, highly sought-after suburb renowned for its thriving commercial precincts, excellent amenities, and strong community atmosphere. Key points include proximity to major retail hubs, excellent transport links via Light Rail, renowned medical and educational institutions, and scenic water views. The area offers a dynamic lifestyle with a mix of retail, dining, and recreational options, making it an ideal location for both tenants and investors seeking long-term growth and stability.

What is the current rental income generated by the retail shops and apartments?
The retail shops and apartments are fully leased, generating a strong and consistent income stream, with specific figures available upon request.
Are there any upcoming planning or development approvals affecting the property?
There are no known planning or development approvals pending; the property is on a single title with existing leases in place.
What are the zoning details and potential for future development or expansion?
The property is zoned for mixed-use development, offering potential for future expansion or redevelopment subject to council approval.
Are there any known structural issues or defects with the building?
A recent inspection has confirmed the property is in good condition; any specific structural concerns can be addressed through a building report.
What are the annual outgoings, including council rates, strata fees, and taxes?
Detailed outgoings are available upon request, including council rates, strata fees, and other relevant expenses.
Are there any hidden costs or upcoming maintenance expenses associated with the property? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any restrictions or easements that could impact future use or development? What are the terms of the existing leases, and are there any upcoming lease expirations? Are there any planned infrastructure projects or developments nearby that could affect the property’s value or accessibility? Is the property compliant with all local building codes and regulations? Are there any strata or body corporate fees applicable to the residential apartments? What is the history of tenant occupancy and vacancy rates for the residential units? Are there any noise or nuisance issues from nearby retail or commercial activities? What are the long-term zoning plans for the area that could influence future investment potential?

119-123 Belmore Road, Randwick, NSW 2031 - More Details

For Sale | Contact Agent

Type
Block Of Units
Bedrooms
7
Bathrooms
3

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