



A rare opportunity to acquire a fully leased, purpose-built boarding house (Strata) in the heart of Randwick's education and healthcare precinct. Completed in 2016 and professionally managed ever since, 12–14 Belmore Road comprises 12 fully furnished boarding rooms, each with its own ensuite and kitchenette, plus shared kitchen, laundry and secure electronic access. The building was cosmetically upgraded in 2026 and presents in excellent, move-in ready condition. Positioned directly opposite the Randwick Health & Innovation Precinct and minutes from UNSW, Prince of Wales, Sydney Children's and the Royal Hospital for Women, the asset has a strong, consistent tenant base of students, nurses, junior doctors and allied health professionals. Key highlights: - 12 established, fully furnished rooms with private ensuite and kitchenette - Combined rent of $7,235 p.w. / $376,240 p.a. gross - Constructed 2016 – modern, low-maintenance build, cosmetically refreshed 2026 - Opposite Randwick Health & Innovation Precinct, minutes to UNSW - Walking distance to Prince of Wales, Sydney Children's & Royal Hospital for Women - Bus at the door, Light Rail nearby - Turnkey operating business – leasing, maintenance, compliance and rent collection systems in place - Experienced management team available to continue post-sale An established, income-producing accommodation asset with diversified room income and strong underlying demand. Contact Primus Property for the Information Memorandum, price and inspection.
Email enquiry to Primus Property - Kingsford
Property ID: 505257652
Original Property ID: 505257652