highlights
A once in a lifetime offering in an iconic location, 222-234 Bondi Road and 1 Wellington Street are two historic landholdings to be sold together in one line.
Commanding a prominent corner position, they hold over 1,384sqm of land combined. Zoned R3 medium density, the properties present incredible potential for a mixed use development with dual street frontage, prestigious new architectural design (subject to council approval) or strong investment.
Comprising a total of seven commercial shops and eleven residential dwellings, the immaculately maintained buildings provide a supremely rare opportunity for those looking to redevelop using creative finesse or invest with the security of long-standing tenants, with an opportunity to unlock future value.
Both Bondi Road and Wellington Street are iconic landmark settings in a thriving eastern suburbs precinct. The exposure from this site is unrivalled with a smorgasbord of cafes, shops and transport choices right at the doorstep.
This blue chip piece of real estate enjoys Bondi Junction's vibrant retail and travel hub up the road and the world class surf of Bondi Beach a stroll away. It also enables rapid access to Sydney's CBD, alongside Centennial Park, Waverley Oval, premier schools, coastal trails, harbour beaches and more.
Breakdown of the two buildings includes:
222– 234 Bondi Road features:
-7 x commercial shops
-7 x residential 2-bedroom split level apartments/townhomes with large gardens
1 Wellington Street features:
- 4 x 2-bedroom plus sunroom apartments with access to common outdoor garden
-1400sqm approx. site with the option to redevelop.
- Strategically positioned on a corner, rectangular site on the heavily exposed Bondi Road.
-Two separate buildings with two active street frontages.
-Solid long-term commercial tenants for those looking to invest.
-Significant potential to unlock further value through increasing rents.
-In one line sale
