71 St Marks Road, Randwick

5 2 1 Other (Commercial)
For Sale

RANDWICK CORNER DEVELOPMENT WITH 6 STOREY POTENTIAL

Positioned on a prominent elevated corner with dual street frontages, this exceptional approx. 415sqm, North-east facing site presents a rare and highly flexible development opportunity in one of the Eastern Suburbs' most sought after pockets. With water views from level one and significant planning uplift under the NSW Low and Mid-Rise Housing reforms, the property offers multiple premium redevelopment pathways including a luxury duplex, terrace residences, or boutique apartment project all only moments from Coogee Beach.

Approx. 415sqm elevated corner site with dual street frontagesNorth-east aspect with water views from level 1 and aboveSignificant planning uplift with FSR up to 2.2:1 and height limit up to 6 storeys (STCA)Less than 400m to Randwick Town CentreMoments to Coogee Beach, UNSW & the Randwick Health & Innovation PrecinctExcellent transport connectivity including major bus routes & Randwick Light RailSurrounded by premium retail, dining and lifestyle amenityA rare opportunity to deliver a luxury residential project in an undersupplied and highly sought-after Eastern Suburbs market

Property Information

  • Land area approx 415sqm
  • Floor area approx 415sqm
  • Council Rates $793.36/quarter
  • Water Rates $199.68/quarter

Interested in this property?

William Tsagaris
Licensed Real Estate Agent
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Open Times

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Suburb Guide

Randwick

Approximately 6km from the CBD, Randwick is bordered by the lush expanses of Queens and Centennial parks to the north, the suburbs of Coogee and Clovelly to the east, Kingsford to the south and Kensington to the west. Its name is synonymous with racing.

Dating back to 1830, the Randwick Race Course sees Sydney's colourful racing identities rub shoulders with high society and the average punter. Other notable Randwick landmarks include the Prince of Wales Hospital, a campus of the University of New South Wales, and Randwick Boys and Girls High Schools.

As Sydney's first suburban municipality, proclaimed in 1859, Randwick retains plenty of historically significant and heritage-listed buildings which are carefully preserved. However major redevelopment occurred in the 1960s and '70s with the construction of numerous residential walk-up flats, many of which now provide affordable housing for local university students.

Randwick has a substantial retail centre extending along Belmore Road, home to the Royal Randwick Shopping Centre and a variety of inexpensive clothing stores, eateries and supermarkets. The new CBD and South East Light Rail is transforming public transport in Sydney, providing high capacity, clean and reliable services. The L2 Randwick Line extends from Circular Quay along George Street to Central Station, through Surry Hills to Moore Park, then to Randwick and Kingsford via Anzac Parade and Alison Road. The L3 Kingsford Line also extends from Circular Quay, branching from Moore Park through Kensington to Kingsford.

The quaint area commonly known as 'The Spot' is a charming cluster of unique specialty stores, restaurants and the historic cinema known as the Randwick Ritz, a local institution where every night is 'cheap night'.

Suburb Features

Education

  • Brigidine College, Marcellin & Our Lady of the Sacred Heart
  • Claremont College-Anglican co-educational school
  • Coogee Boys Prep School
  • Emanuel School
  • Lycée Condorcet - The International French School
  • Moriah College
  • Randwick Girls & Boys High School
  • Randwick TAFE
  • St Catherines School
  • University of NSW
  • Waverley College

Recreation

  • Alison Park
  • Baker Park Tennis Courts
  • Centennial Park Cycles
  • Centennial Parklands
  • Entertainment Quarter Moore Park
  • Fred Hollows Reserve
  • Govett Reserve Playground
  • Queens Park
  • Ritz Cinema
  • Royal Randwick Racecourse

Restaurants

  • Bake Bar 
  • Bronte Road Bistro
  • Dolce Fiori
  • Four Frogs Creperie Randwick
  • Kurtosh Cafe
  • Lebanon & Beyond
  • Mammas and Papas Ristorante
  • Maybe Frank
  • Queens Park Pizza
  • The Avenue Randwick

  • The Spanish Fly
  • Tucker
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