IB Property are proud to present 44 Allens Parade, Bondi Junction to the market for sale.
A rare opportunity to secure an entire modern block of five apartments in the heart of Bondi Junction, this prominent corner property offers strong holding income of approximately $271,925 per annum together with outstanding future development potential.
Positioned within the LMR scheme with a 2.2:1 FSR and potential for up to six storeys (STCA), the site presents scope to enhance or redevelop while benefiting from immediate cash flow. Just 250 metres from Bondi Junction's town centre, the boutique building features spacious split level apartments and is ideally located moments from Westfield, public transport, Bondi Beach and Centennial Park.
Key Features:
- Entire modern block of five apartments
- Current income of $274,532 per annum
- LMR zoning with potential 2.2:1 FSR and up to six storeys (STCA)
- Significant corner landholding with outstanding street presence
- Exceptional investment with strong rental and redevelopment upside
- Rare blue-chip opportunity in tightly held Bondi Junction location
For more information, please contact:
Isaac Jackson
0490 453 916
Dimitrios Franze
0406 558 855
Daniel Cipolla
0450 633 644
