This article is from the Australian Property Journal archive
Sydney developer Exceland Property Group will early next month complete its latest boutique apartment building at the very popular “The Spot” in Randwick.
The Spot is located on 72 Perouse Rd in the heart of Randwick, within metres of the Randwick Ritz cinema complex and a range of fashion boutiques and cafes.
The Spot includes 12 boutique apartments in two adjoining buildings.
The Spot is also definitely the place to be, 11 of the 12 apartments have already been sold off the plan, with one two bedroom apartment left for sale at $625,000.
This apartment has direct lift access from the secure, underground carpark and features an expansive courtyard and high quality finishes throughout.
Designed by Turner Architects with interiors by Greg Natale Interior Design.
The apartments, including the one still for sale with a projected rental rate of $450 a week, feature superb landscaping, all weather and expansive balconies, imported appliances and high quality fixtures and fittings throughout.
The Spot Apartments have been very popular with investors, who have recognised strong rental potential in the fact that the building is within close proximity to Coogee Beach, The University of NSW, numerous hospitals, retailers, cafes and public transport routes.
By Kathryn O’Meara
