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1,2,3,4/161 Glenayr Avenue

Bondi Beach NSW 2026

8
6
2
329 m²
420 m²
Block of units
Currently for sale - view listing

Overview

Rare Bondi Beach Corner Block | Luxury Boutique Development Potential

A rare Bondi Beach corner holding offering an exceptional opportunity to create a premium boutique development in one of Sydney's most tightly held coastal locations.. Just c.450m from Bondi Beach, this approximately 420sqm corner site commands a highly strategic position with dual street frontage to Glenayr Avenue and Roscoe Street. SITE FUNDAMENTALS + Approx. 420sqm corner landholding + Dual street frontage to Glenayr Avenue and Roscoe Street + Approx. 11m frontage + Approx. 38m depth north-facing + Level configuration with desirable northern orientation DEVELOPMENT POTENTIAL + E1 Local Centre zoning + Approx. 2:1 FSR + 13m height control + Potential three-storey development outcome + Approx. 840sqm theoretical GFA + Potential residential, commercial or mixed-use outcomes (STCA) Currently comprising a freestanding 1920s Inter-War Spanish Mission building, the property provides four two-bedroom apartments, offering established rental income while future development plans are considered. The building retains its distinctive period character, with high ceilings, timber floors, ornate detailing and sunrooms to three apartments. A separate brick garage provides two car spaces. The combination of scale, dual frontage, northern aspect and development potential makes this an exceptionally rare Bondi Beach holding. Positioned within easy reach of Bondi Beach, cafes, restaurants, retail and Campbell Parade, the property offers both immediate holding income and significant long-term upside. An outstanding opportunity for developers, investors, and land-bankers to secure a substantial corner site with genuine boutique development potential in one of Sydney's most sought-after coastal precincts. STCA - Subject to Council Approval. For Sale by Expressions of Interest Contact CHANA LEVY 0451 654 099 or SEAN JACOBSON - 0413 654 423, to discuss concept schemes, feasibility details, and comparable sales. In conjunction with Sean Jacobson 0413 654 423 1st City Real Estate

Features

8 bedrooms
6 bathrooms
2 carspaces
2 garage spaces
329 m² floor area
420 m² lot size
Block of units

Happy sellers in Bondi Beach

70%
70% of sellers in Bondi Beach reported that their sale price either exceeded or met their price expectations.

Bondi Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 34 reviews in Bondi Beach over the last 12 months.

Local market activity for 8 bedroom block of units in Bondi Beach

In the last 12 months, 1 eight-bedroom block of units similar to 1,2,3,4/161 Glenayr Avenue, have been sold.

This represents a 67% increase in eight-bedroom block of units sales when compared to the previous 12 months.

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