This is a once-in-a-lifetime opportunity to acquire a block of four fully tenanted, semi-sized Art Deco apartments in the heart of Bondi Junction. With R3 Medium Density Zoning and substantial development upside (STCA), this property is perfectly positioned for both immediate rental income and long-term growth. Just footsteps from Westfield's bustling retail and entertainment precinct, this unique property offers unbeatable convenience in one of Sydney's most vibrant urban locations. - Solid double-brick Art Deco building, a true landmark with classic architectural charm and grand proportions - Substantial 22m* street frontage to Ebley Street - High-demand investment opportunity, generating a current rental income of approx. $219,000 per annum with potential for further uplift - 12 Bedrooms | 4 Bathrooms spread across four semi-sized apartments - Each unit comprising of 3 x generous bedrooms, an updated bathroom, full kitchen, spacious dining area, separate living room and private laundry amenities - Beautiful period details including high ornate ceilings, timber/tiled floors, and sunrooms in all apartments - Lower-level apartments boast sun-drenched outdoor spaces perfect for relaxing or entertaining - Located in the heart of Bondi Junction, just steps from Westfield Shopping Centre, cafes, dining options, gyms, and yoga studios - Scope to enhance or renovate, with potential for strata subdivision or further value-add prospects (STCA) - Ideal for investors, developers, or SMSF buyers seeking a blue-chip investment with long-term security Land Size: 503sqm* Zoning: R3 Medium Density Residential FSR: 0.6:1 Height Limit: 10.5m* Authority: Waverley Council LEP 2012 This rare offering provides a truly exceptional opportunity to secure a landmark investment in Bondi Junction's tightly held market. Whether you choose to hold, renovate, or develop, this property is primed for significant future growth. TRG exclusively offers 99-101 Ebley Street Bondi Junction for sale by way of Public Auction on 1st October 2024, Homely Auction House, Double Bay. For all inspections and further information, please contact Gavin Rubinstein on 0404 538 888 or Jake Fahd on 0419 951 324. *approximately
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Immobilie ID: 504681664