Prime Eastern Suburbs Freehold Block Of Seven, R3 Zoned Growth Asset In A Gateway Location
Offered for the first time in over 40 years, this entire boutique residential block represents a rare generational opportunity in one of the Eastern Suburbs' most tightly held growth corridors at the gateway to Bondi. On the edge of Bondi Junction's urban playground, 500m to Westfield, the R3-zoned building offers immediate income with compelling future upside, including strata subdivision or redevelopment (STCA). The full-brick building comprises seven two-bedroom apartments, all recently refurbished with no common walls, along with five off-street parking spaces at the rear. With strong rental demand driven by its pivotal location, the block offers proven performance and long-term capital growth fundamentals. A prime brick-and-mortar asset, there's still plenty of potential here, with planning reforms allowing up to six-storey residential developments within 400m of town centres (STCA). Retain as a blue-chip investment, revamp, or maximise the site (STCA). A breezy stroll to Bronte Road's café scene and Queens Park, 800m to the station and moments to the coast, this is a blue-chip holding underpinned by connectivity, lifestyle and future planning uplift.
- Secure boutique collection of 7 apartments - Within 400 metres of the NSW Govt Low and Mid-Rise (LMR) Housing policy - Renovated by Liskowski Architects in 2015 - Fully compliant with Occupation Certificate - 2 per floor plus a ground floor apartment - Windows on 3 sides with no common walls - All with 2 double bedrooms with built-ins - Contemporary kitchens and bathrooms - Parquet and engineered timber floors - 5 with a balcony, 1 with a sunny courtyard - Wide district views from the upper levels - Parking for 5 cars at the rear of the block - Strong rental yields, low-maintenance - 500m to Westfield, 800m to the station - Stroll to Bronte Rd cafes and Charing Cross - Major long-term capital growth potential
