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
