18 Boronia Street, Kensington NSW 2033

65-unit strata complex | 902 sqm development site | 1-bedroom unit configuration | Kensington inner-city apartment demand The property’s competitive advantage lies in its scale as a 65-unit strata complex on a consolidated 902 sqm site, which is larger than many apartment lots in Kensington and suggests potential for significant rental income or future development interest. Situated within the Randwick local government area, this multi-residential building aligns with the suburb’s established apartment character and the strong demand for smaller dwellings near transport and educational hubs. It is best suited for investors seeking a well-located income-producing property or developers evaluating a site with redevelopment potential, given the absence of bushfire, flood, or heritage overlays for at least one unit record. Factors that may materially affect the property’s value include the lack of confirmed on-site amenities, floor-level details, and construction age, which could influence unit livability and market appeal. The 902 sqm land area might support a higher-density redevelopment scenario, but this would depend on zoning and height limits not specified in available data. Rental yield and sale price may be impacted by the specific unit configuration and building condition, which remain unverified, so a thorough inspection and strata document review is recommended to assess structural and financial risks.