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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.

Property Facts

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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  • Listing ID: 40448127

  • Date on Market: 5/8/2026

  • Last Updated:

  • Address: 48B Canberra Street Randwick NSW 2031, Randwick, NSW

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