CBRE are delighted to exclusively present 239 Bondi Road, Bondi, a premium investment opportunity situated along Bondi's most desirable thoroughfare. Comprising 11 x 2-bed and 1 x 4-bed apartments with 4 garages plus parking and a gross market rent of $543,400*, 239 Bondi Road offers the opportunity to strata title and sell down, value add, refurbish, or revert rents to hold as a secure cash flow.
239 Bondi Road, Bondi benefits from the following key attributes:
Comprising 11 x 2-bed and 1 x 4-bed apartments to be sold in-one-line
4 garage spaces + car parking
Generous and rare 1,022sqm* land area centrally positioned in Bondi
Secure residential apartment block investment with a gross market income of approximately $543,400
Ability to strata title and sell down, value add, refurbish, or revert rents to hold as a secure cash flow
Ideally positioned in the heart of Bondi within walking distance to iconic amenity including Totti's Bondi, Bondi Icebergs, Bondi Beach and Bondi Junction
Set to profit from Sydney's decade low 1.3% vacancy rate, surging rental increases and the opening of international boarders
Average rental return of 2-bed apartments in Bondi is $985^ per week
239 Bondi Road, Bondi will be sold via Public Auction at auctionWORKS on Tuesday, 8 November 2022 at 10:30am (AEDT). (Registration, online bidding and livestream available)
For more information, to arrange an inspection or to request access to the due diligence room, please contact the exclusive selling agents.
*Approx
^Source: ***