Low-Maintenance Strata Living In Randwick
Randwick is the perfect suburb for first-home buyers and investors to get a foothold in the market and, although tightly held, we have a choice of great strata-titled residences to choose from that are suited to young families, downsizers and professional couples wanting to live between the city and beaches. There’s been substantial growth in the suburb over the past 12 months with apartments increasing by around 11% as the area is consistently in high demand. Our Randwick specialist Daniel Cachia says, “Despite being one of the largest municipalities in the east, and the second oldest local government area in New South Wales, property in the City of Randwick is often held for decades and currently there’s a distinct lack of stock with only 12 houses and 34 apartments on the market in the leafy yet incredibly well-connected suburb.”
Daniel’s listing at 6/89-91 Dangar Street, Randwick is a rare entry into the dress-circle of the suburb, just up from Centennial Park in Randwick North. Daniel says, “The first time on the market in 20 years, this amazing double-brick townhouse in the Belle Terrace complex is ideal for the young family with Randwick Public School just around the corner and the popular Govett Street Playground footsteps away, but it’s equally well suited to downsizer with double garaging with a 35sqm storage area as well as a large lined attic so it really does have broad appeal.”
Tristan Oddi and Brandon Shaw have a boutique penthouse that’s just up from Centennial Park and 500m to the Wansey Road light rail coming up for auction next week. The whole-floor two-bedroom apartment at 7/23 King Street, Randwick is perched atop a block of seven with a north-facing entertainer’s terrace and an enormous parking and storage area. Offering the best of parkside living and sustainable design, the sun-filled apartment features no common walls and a 2.5kW solar power system for a low carbon footprint and energy costs as well as affordable strata levies.
There aren’t many garden apartments available and Haynes Wileman’s listing at 1/30 Judge Street, Randwick opens out to a gorgeous child-friendly common garden making it an ideal semi alternative. With a buyer’s guide of $1.1m, the Art Deco beauty is one of four in a classic block just 500m to The Spot’s dining hub in one direction and the High Street light rail in the other.
Tristan and Brandon also have a garden apartment on the market at 11/10-12 Church Street, Randwick on the edge of the town centre, 700m to Royal Randwick Shopping Centre. A stylish Scandi-style aesthetic, great layout and direct access to shared gardens make a great lifestyle purchase with walk-everywhere convenience as well as parking on title.
The International Children’s Film Festival is on this week at the iconic Ritz Cinemas at The Spot so why not come and check out the apartments tomorrow and then head to the flicks or brunch.
This week the sales team secured 18 sales with an average price of $2.95m and listed 8 new properties and the management team secure 12 tenancies and listed 18 new properties for lease. Check out the full details of our listings below and please don’t hesitate to reach out if you’d like any further information.