13/71-79 Avoca Street, Randwick NSW 2031

2 bed 1 bath 1 car | 76sqm internal | flood overlay detected | stable owner-occupier tenure | prime Randwick location This apartment presents a competitively scarce configuration in a well‑established Randwick complex: a genuinely usable 76‑square‑metre floor plan with a single car space, in a building where average owner‑occupier tenure is long. That tenure pattern signals a well‑managed building with limited turnover, reducing the likelihood of reactive strata levies or short‑term rental churn. For a buyer seeking a lock‑and‑leave residence or a low‑management investment, the property’s positioning within walking distance of schools, transport, and beachside amenity supports both occupancy demand and resale appeal. The estimated rental yield near 3.8% is solid for an eastern suburbs apartment and indicates under‑supply for this size and location. The identified flood overlay is the primary risk requiring independent due diligence, as it may affect insurance costs and future re‑sale appetite. No bushfire or heritage constraints are present, and the building’s long‑term owner profile typically reduces internal selling pressure. Opportunity lies in the estimated value gap compared to newer nearby stock: this unit offers internal space that many contemporary apartments lack, and the 24‑year hold since last purchase suggests low cost‑base for the vendor, potentially opening negotiation room. The HFC broadband and 5G availability support modern utility, though they are not prime value drivers.