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23 Marcel Avenue, Randwick

Auction 27 August

Ramona Hall, A Lovingly Revived Spanish Mission Style Block Of Five Offered For Sale In One Line

Unique to the market, Ramona Hall is a boutique block of semi-sized apartments built in 1927 and standing proud as one of Sydney's finest examples of Spanish Mission architecture with design cues reminiscent of Neville Hampson's iconic Boomerang. A meticulous renovation in keeping with the building's heritage pedigree has transformed this landmark block into an exclusive collection of beautifully appointed designer apartments in one of Sydney's most desirable beach village neighbourhoods. Wide entry halls, high ornate ceilings and leadlight windows pay homage to the past while an imaginative redesign captures the essence of contemporary coastal style with each two bedroom apartment featuring a private verandah or courtyard. Tucked away in a leafy enclave just behind Clovelly Road's village hub, Ramona Hall is walking distance to Clovelly and Coogee Beaches, Gordons Bay, the famed coast walk and renowned schools. High rental demand and a strong income stream makes this blue-chip property a standout home plus income opportunity or low-maintenance portfolio addition for the investor or SMSF buyer.

- Entire Spanish Mission apartment block
- Prized setting on the cusp of Clovelly village
- 474sqm landholding with a 15m frontage
- Block of 5 with elegant terrazzo entry hall
- Set back behind lovely established gardens
- Barley twist columns, fine craftsmanship
- Restored with integrity, updated with flair
- Each with 2 double bedrooms, built-in robes
- All refurbished to the highest standard
- Semi-like layouts, only one common wall
- Spacious open plan living and dining areas
- Caesarstone gas kitchens, Euro appliances
- Wide verandahs, encaustic tiled flooring
- Luxurious bathrooms and internal laundries
- High ornate ceilings and leadlight windows
- Oak floorboards and high quality carpet
- Ceiling fans and plantation shutters
- Apartment 5 with a landscaped courtyard
- Side driveway to a large lock-up garage
- High rental demand, strong income stream
- A blue-chip bricks and mortar land asset
- Walk to the sand, surf and ocean pools
- Current annual rental income $201,942.84

Land Area:474m2
Water Rates:$597.86 Quarterly
Council Rates:$1311.95 Quarterly