Tightly-Held Block of Six on Coogee's Doorstep to be Sold in One Line

Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

31 Dolphin Street, Randwick NSW 2031

Auction 7th November 2026

Search Band Search Visibility Band

$5M - $5.5M Low Confidence Calculated based on limited search observations.

Apartment 12 Beds 6 Baths 6 Cars 567 m²

Listed: 21st Jul 2026

Updated: yesterday

Overview

This tightly-held property comprises a well-maintained block of six two-bedroom apartments, all offered together on a 567 square metre parcel of land situated on the edge of Coogee. The collective offering provides a unique investment opportunity, complete with immediate rental income and notable potential for capital growth through thoughtful updates and enhancements.

Each apartment boasts a consistent layout featuring one bathroom, and the interiors showcase high ceilings and ample natural light, contributing to a comfortable living environment. The block's communal facilities include shared laundry and additional storage areas, further adding to convenience for tenants or owners.

Beyond the property itself, the location is a significant feature. It lies within a short walk to Coogee Beach, one of Sydney's sought-after coastal destinations, and enjoys proximity to The Spot’s vibrant village hub, known for its cafés, dining options, wine bars, and the iconic Ritz Cinema, enriching the lifestyle appeal.

Accessibility is excellent, with easy connections to public transport and close vicinity to key local amenities such as Randwick Junction, Prince of Wales Hospital, and UNSW. This makes the block attractive not only to investors but also to tenants seeking convenience and lifestyle balance.

In summary, this property represents a significant investment and lifestyle proposition positioned in a prime coastal setting with solid income potential and opportunities to add value, suited for investors looking for a collective residential asset in an established and desirable Sydney suburb.

Local Market Insights

In Randwick, Quiet Listings observed 30 new apartments entering the market over the last 30 days, up from 18 during the previous 30-day period, with an average advertised asking price of $1,191,500. The property type mix of listed properties is predominantly Apartments at 64%, followed by houses (24%), and units (4%). The most active agency for apartments in the Randwick area is currently Ray White, representing 30% of new listings, followed by Belle Property with 23%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.