Savills list Ray White Randwick office

Savills list Ray White Randwick office
Savills list Ray White Randwick office

The Ray White Randwick office premises just off Randwick high street have been listed for sale through Savills.

The premises had initially been listed by the Ray White office, however the ground floor space at 126-128 Avoca Street failed to sell when asking $1.5 million.

Savills agents Tom and Nick Tuxworth, as well as David Hickey, are now marketing the property for a September 12 auction.

Ray White Randwick have a lease in the 145 sqm office space until December 2021 which yields $94,000 per annum gross.

Holding a prominent corner location on Avoca and Alison Road, the floor area is spread across three separate titles which provides future subdivision potential.

It has an 18 metre corner frontage with exposure to high levels of vehicular and pedestrian traffic.

 

 

 

 

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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Savills Ray White

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