{"Slug":"block-of-units-32-34-perouse-road-randwick-nsw-2031","CanonicalUrl":"https://realsearch.com.au/block-of-units-32-34-perouse-road-randwick-nsw-2031","Address":"32-34 Perouse Road, Randwick, NSW 2031","Suburb":"Randwick","State":"NSW","Postcode":"2031","PropertyType":"Block Of Units","Status":"For Sale","Headline":null,"Description":"Positioned on a 548.1 sqm* site within Randwick's renowned 'The Spot'precinct, the property comprises 17 tenancies across residentialapartments, boarding house accommodation, and retail/commercialuses, providing a highly diversified income profile with strong underlyingland value and long-term growth prospects.Investment Highlights:- Positioned within one of Randwick's most tightly held mixed-use precincts, benefiting from strong tenant demand and excellent amenity.-Diverse income stream across 17 tenancies: 4 x 2-bedroom, 2 x 1 bedroom, 9 x Studios & 2 x retail shops.- Recently refurbished and extended approximately five years ago, including upgraded fire, water, electrical and communication services, together with modern finishes, reducing future capital expenditure requirements.- Unmatched transport accessibility, with a bus stop at the doorstep and the Randwick Light Rail just 400m* away.- Generating a strong gross income of $732,145 p.a.*, providing immediate cash flow with rental growth potential.- Positioned within 'The Spot' precinct, Randwick's vibrant dining and entertainment hub, home to renowned cafés, restaurants, and the iconic Ritz Cinema.- Historically low vacancy across both residential and commercial tenancies, supported by efficient outgoings and a strong net return.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"Auction Guide $11,000,000"},"Bedrooms":"17","Bathrooms":"14","Parking":"11","Features":[{"Name":"Bedrooms","Value":"17"},{"Name":"Bathrooms","Value":"14"},{"Name":"Carports","Value":"11"}],"Inspections":[{"Title":"Inspection Sat 17 Oct 12:00 pm","Start":"2026-10-17T12:00:00","End":"2026-10-17T12:30:00"},{"Title":"Inspection Wed 21 Oct 12:00 pm","Start":"2026-10-21T12:00:00","End":"2026-10-21T12:30:00"},{"Title":"Inspection Sat 24 Oct 12:00 pm","Start":"2026-10-24T12:00:00","End":"2026-10-24T12:30:00"},{"Title":"Inspection Wed 28 Oct 12:00 pm","Start":"2026-10-28T12:00:00","End":"2026-10-28T12:30:00"},{"Title":"Inspection Sat 31 Oct 12:00 pm","Start":"2026-10-31T12:00:00","End":"2026-10-31T12:30:00"}],"Auctions":[{"Title":"Wed 18 Nov at 6:00 pm","Address":"32-34 Perouse Road, Randwick, NSW 2031","Date":"2026-11-18T18:00:00","Outcome":null,"Upcoming":true}],"TimeZone":"AUS Eastern Standard Time","Latitude":-33.91969082,"Longitude":151.24226591,"Agent":{"Name":"Chris Volpatti","CanonicalUrl":"https://realsearch.com.au/agent/chris-volpatti"},"Agency":{"Name":"McGrath - Coogee","CanonicalUrl":"https://realsearch.com.au/agency/mcgrath-coogee"},"CreatedAt":"2026-10-14T08:26:03.3158204","UpdatedAt":"2026-10-14T08:27:31.7025516"}