124 Doncaster Avenue, Kensington
BLOCK OF 4 STRATA APARTMENTS ON BIG LEVEL LAND - RARE OPPORTUNITY TO ACQUIRE A BLUE-CHIP INVESTMENT - POTENTIAL TO ADD VALUE
Enjoying a highly convenient and enviable setting, this strata title block is an offering of exceptional rarity set on a level 613sqm block. Presenting a unique investment opportunity with massive scope and incredible potential, the two-storey complex comprises 4 residential units (4 x 3 bedroom apartments at 97sqm each), 6 x double lock up garages + 2 x visitor parking spaces. Extraordinarily versatile, there is incredible scope to renew, refurbish, add a storey, redevelop completely (STCA) or simply retain as is. Positioned with views over Royal Randwick Racecourse, the property also enjoys close proximity to the University of NSW, lush Centennial Parklands and Randwick Shopping Village and the new Light Rail to the City.
Freestanding strata title block of 4 x 3 bed unitsScope to reconfigure, retain or redevelop (STCA)GAR of $117,843 pa with potential to increaseLevel 613sqm block with 15 metre street frontageComfortable interiors with scope to improve (STCA)Two-storey double brick construction with tile roof6 x double lock up garages plus 2 x visitor parkingUnlimited potential and exceptional versatilityR3 Zoning - Medium Density Residential, 0.9:1 FSR551.7sqm buildable area, 12m height restriction (STCA)Less than 400m to Light Rail stop & transport
Information Memorandum available on request.
Council rates $1,572pq
Water rates $612pq
Property Features
- Garages 14
Kensington
Kensington is best known as the home of the University of New South Wales (UNSW) and the National Institute of Dramatic Art (NIDA); but this little postcode's appeal doesn't begin and end with hitting the books. Bordering Centennial Park, Royal Randwick Racecourse, Sydney Football Stadium, the prestigious Australian Golf Club, Moore Park Golf Course and minutes from the city centre Kensington is a brisk thirty-minute walk from Sydney's prized coastline and beaches, it's a place that really delivers on lifestyle – for families, students and single professionals.
In the past, Kensington was a real a university-town, with a young, mobile population. But its unbeatable location has started to attract young families and professionals to the area. There is a mixture of high and medium-density housing, and free-standing homes. Prestige Sydney Boys and Girls High Schools are in the area as well as other quality primary and secondary schools. including Our Lady of the Rosary Catholic Primary School, Kensington Public School and Our Lady of The Sacred Heart College. It's a place with a vibrant, dynamic and ever-changing community who affectionately refer to the postcode as "Kenso".
Anzac Parade, Kensington's main thoroughfare, is the place to go in search of well-priced and authentic Asian flavours, including Malaysian, Thai, Chinese and Indonesian feasts. The shop-filled, bustling high street also connects the residents to the city on a brief 20-minute bus ride. 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.
Running off the main drag, Kensington's charming, tree-lined streets boast wide footpaths and green spaces – in fact, the suburb was modelled on the London suburb from which it takes its name. And despite the proliferation of high- and medium-density dwellings, there's a real sense light and space in the area.
Suburb Features
Education
- Kensington Public School
- Sydney Boys High
- Sydney Girls High
Recreation
- Kensington Park
- Moore Park
- Parklands Sports Centre
- Shaw Reserve
Restaurants
- Cafe Jacks
- Dong Dong Noodles
- The Doncaster Hotel
