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48B Canberra Street Randwick NSW 2031 2 Office Properties Offered at $1,788,722 in Randwick



Investment Highlights
- Seven individual consultation rooms for multi-use potential
- Established commercial precinct close to Prince of Wales Hospital
- Easy access to transport routes and Sydney CBD connectivity
- Fully fitted with reception, admin space, and kitchen facilities
- Private garden space providing an outdoor breakout area
Executive Summary
This rare opportunity allows investors or owner-occupiers to secure a fully converted commercial space in Sydney’s Eastern Suburbs with a 5% net yield. Originally a semi-detached home, the property has undergone a comprehensive transformation into a modern workspace designed for versatility.
The layout spans seven private consultation rooms complemented by a reception area, dedicated administrative offices, a fully equipped kitchen, and two bathrooms with an additional laundry facility. Practical design features include generous built-in cabinetry and ample storage throughout, supporting professional service operations.
Enhancing its appeal, the property includes a serene outdoor environment, with faux grass and manicured hedging creating a calm setting for clients and staff. The property’s convenient central position within Randwick ensures excellent visibility and accessibility, only minutes to the Randwick shopping precinct, UNSW, and transport options connecting directly to the Sydney CBD and surrounding Eastern Suburbs.
With limited supply of adaptable commercial premises in this high-demand locality, 48B Canberra Street represents both a functional business setting and a strong, yield-driven investment opportunity.
The layout spans seven private consultation rooms complemented by a reception area, dedicated administrative offices, a fully equipped kitchen, and two bathrooms with an additional laundry facility. Practical design features include generous built-in cabinetry and ample storage throughout, supporting professional service operations.
Enhancing its appeal, the property includes a serene outdoor environment, with faux grass and manicured hedging creating a calm setting for clients and staff. The property’s convenient central position within Randwick ensures excellent visibility and accessibility, only minutes to the Randwick shopping precinct, UNSW, and transport options connecting directly to the Sydney CBD and surrounding Eastern Suburbs.
With limited supply of adaptable commercial premises in this high-demand locality, 48B Canberra Street represents both a functional business setting and a strong, yield-driven investment opportunity.
Property Facts
| Price | $1,788,722 | Number of Properties | 2 |
| Price / SF | $632.06 / SF | Individually For Sale | 0 |
| Cap Rate | 5% | Total Building Size | 2,830 SF |
| Sale Type | Investment | Total Land Area | 0.14 AC |
| Status | Active |
| Price | $1,788,722 |
| Price / SF | $632.06 / SF |
| Cap Rate | 5% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 2,830 SF |
| Total Land Area | 0.14 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 48B Canberra St, Randwick NSW 2031 | Office | 2,292 SF | - | - |
| 48B Canberra St, Randwick NSW 2031 | Office | 538 SF | - | - |
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48B Canberra Street Randwick NSW 2031
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