1 Lingard Street, Randwick

Exchanged at Auction – Panel Beater Workshop & First Floor Residential Apartment

On behalf of the Estate, Colliers & HillCo Property Group offer 1 Lingard Street, Randwick a unique opportunity in one of Sydney's most desirable and tightly held commercial markets.

Currently configured as a panel beater with separate first floor residence and valuable onsite parking, the property offers huge potential for investors, owner occupiers or developers to capitalise on this substantial land holding.

1 Lingard Street, Randwick offers:
+ Established panel beater currently operating as D & D Automobile Refinishers
+ Separate expansive whole first floor three-bedroom residence, with large outdoor terrace
+ Valuable onsite parking
+ Land Area of 623 m²*
+ Existing Gross Building Area of 1,499 m²*
+ Flexible R3 Zoning - Medium Density Residential, offering a number of potential development outcomes**
+ Potential to owner occupy, invest or develop**
+ Huge potential to improve upon the existing income profile.
+ Exceptional transport options with Light Rail stop nearby
+ Superb position with nearby amenities, Royal Randwick Shopping Centre, POWH, UNSW and Coogee Beach

Colliers & HillCo Property Group exclusively offer 1 Lingard Street, Randwick for sale via Public Auction on Thursday, 29 February 2024 at 10:30am (AEDT) at Cooley CBD Auction Centre, Level 5, 1 Margaret Street, Sydney.

*Approximately
** Subject to Council Approval

Property Type Development

Floor Area 1499.5 m2

Land Size 623.6m2

Price Sold - $5,300,000

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