A rare and substantial Eastern Suburbs offering, this entire modern block of five apartments presents an exceptional opportunity in one of Bondi Junction's most tightly held pockets. Positioned on a prominent corner parcel just 250 metres from the town centre, the property combines strong holding income with remarkable future development potential.
Positioned within an LMR precinct with a 2.2:1 FSR and potential for up to six storeys (STCA), the site offers exciting scope to further enhance, add additional levels or create a luxury penthouse opportunity, subject to council approval. Currently generating an approximate annual income of $271,925, the property provides immediate cash flow while future plans are explored.
Contemporary in design and generous in scale, the boutique block showcases spacious layouts, abundant natural light and excellent flexibility throughout. Comprising five well-scaled apartments with no common walls, the property presents a unique opportunity for investors, developers or owner-occupiers seeking a landmark holding in a blue-chip location.
Enjoying an incredible corner position within walking distance of Westfield Bondi Junction, the train and bus interchange, vibrant cafés and dining, the property is also moments from Bondi Beach, Centennial Park and leading schools.
A once-in-a-generation opportunity to secure a premium landholding with scale, income and enormous future upside in Sydney's thriving Eastern Suburbs.
Key Features
+ Entire modern block of five apartments
+ LMR zoning with potential 2.2:1 FSR and up to six storeys (STCA)
+ Approximate current income of $274,532 per annum
+ Significant corner landholding with outstanding street presence
+ Opportunity to add further levels or create penthouse addition (STCA)
+ Oversized residences with flexible layouts and abundant natural light
+ Exceptional investment with strong rental and redevelopment upside
+ Walk to Westfield, Bondi Junction Station and vibrant cafés
+ Minutes to Bondi Beach, Centennial Park and coastal attractions
+ Rare blue-chip opportunity in tightly held Bondi Junction location
