Presenting an opportunity to shape the future of Oxford Street at the gateway to Bondi Junction's CBD.
An impressive land holding of approximately 2,375sqm, the renowned site is positioned along Oxford Street, within 400m to Bondi Junctions Train and bus exchange and just 500m to Westfield Bondi junction Shopping Centre.
This truly is an exciting development opportunity to create a local landmark development with outstanding prospects, buoyed by the incoming Low & mid-rise NSW State Environmental Planning Policy (SEPP) reforms to be announced in late 2024.
Bondi Junction is one of the most desirable areas in Sydney offering a choice of local grocers, cafes, medical centres and one Australia's best shopping centres Westfield, while the nearby Bondi Junction train and bus exchange allows accessibility to all of metropolitan Sydney.
- Land parcel encompasses approximately 2,375*sqm across 4 separate titles
- Offering strong holding income across 4 commercial tenancies.
- 100% tenanted making it ideal for developers and planning
- Combined zonings of R3: Medium Density & MU1 Mixed Use
- Boasting over 150m of street frontage via Oxford St, Denison St & Mill Hill Rd.
- DA approval in place for up to 29 apartments with ground commercial + parking.
- Current planning controls: Height limit 12.5m, FSR 1.5:1
- Approximately 500 metres to Westfields Bondi Junction shopping centre
- Within 400m to Bondi Junction bus & train exchange
- Just 3km to Bondi Beach
- Within the low- & mid-rise NSW state planning policy reform precinct with Proposed planning increases expected to be released late 2024
This exceptional opportunity is offered via expressions of interest closing Thursday 14th November 2024 at 4pm
James Nixon 0415 889 284
Charlie Mckenzie 0416 833 118
Marcus Schraag 0431 038 291
