The former Gemini Motel presents a never to be repeated opportunity to purchase a landmark building providing a myriad of business options for the savvy investor.
Comprising a total of 91 apartments that include impressive studios, 1 and 2 bedroom apartments all totally refurbished to a fabulous contemporary standard. Most apartments provide balconies, stunning outlooks and varying views and aspects. Some with views to the south offering a wide district view to the coastline and Botany Bay. The views to the north encompass amazing city skyline views and Harbour Bridge glimpses.
700 square metres of commercial space, 2 large shops and 46 car spaces.
A central location is the hallmark of the Gemini with perfect access to the world-class facilities at the University of New South Wales, Prince of Wales Hospital Campus, Eastern Suburbs Beaches and transport to the CBD
With Strata and Stratum already Council approved this is an ideal long term hold as a motel, student accommodation or rent to the general public. Estimated GAR of $2,900,000 – much more if used as a motel or as serviced apartments. Or proceed with the approved Strata / Stratum to sell off all, or part..
A totally unique and rare opportunity in the heart of Belmore Road’s great shopping and