3 Botany Street, Randwick, NSW 2031

Open by private appointment only

First time offered in 20 years; this charming guesthouse from 1910 has recently undergone renovations to unite period elegance with a sophisticated contemporary aesthetic.

Spread over 536sqm of land it features 21 boutique rooms with kitchenettes (9 fully self-contained) and occupies a premier position just metres to cafes, boutique shopping, parks, cinemas, beaches, schools, light rail, UNSW & Prince Of Wales Hospital.

With long & short term accomodation & additional Air B&B with high yielding income, this truly is a proven & secure investment opportunity in the heart of the highly prized suburb of Randwick.

Highlights:

_ First time offered in 20 years

? 536sqm, zoned R3 medium density residential, FSR 0:9:1, Height 12m

? 21 boutique rooms with kitchenettes, 9 fully self-contained with ensuites

? To be sold fully furnished as a going concern

? Solid investment GAR $467.740 based on 100% occupancy

? Common areas include; rear courtyard with BBQ, laundry room with coin operated facilities & modern gas kitchen with amenities

? Separate office with plenty of storage space

? All rooms feature digital combination locks

? Secure lock up garage with additional car space

? Ultra convenient location, walking distance to all that Randwick has to offer

Co Agent:

DETTORRE REAL ESTATE

Dominic Dettorre - 0411 389 384

Samuel Pacitto-Rusconi - 0403 062 850