A landmark opportunity, rarely does such an outstanding prospect as this arise in the sought-after Bondi Beach market - an entire block of 8 units being offered for sale in one line, just a quick walk from the beach. Located on the vibrant corner of Glenayr Ave and Roscoe St with simple level access and set over 2 levels, this charming Art Deco building presents a magnificent investment chance in a wonderful location.
Currently comprised of a mix of 1-bedroom plus study, 2-bedroom plus study and 2-bedroom apartments, this well-maintained building features R3 zoning and offers a range of exciting potential options. Also known as 48 Roscoe Street, Bondi Beach, all apartments are in good condition, with flowing floorplans and light-filled interiors, with a rear yard and laundry/storage rooms offering a good outdoor area and amenity space.
A terrific investment exactly as it is right now, with each apartment currently tenanted and offering consistently good rental yield, there is also undoubted potential for the creation of something special at this address. There is the option to renovate each unit to create modern beachside apartment living, while there is scope for added value (STCA).
A truly exciting opportunity in a high-demand area just meters to the cafe hubs of Hall St and 7-Ways, with famed eateries such as Bondi Tony's, Bill's and Lox Stock & Barrel minutes away, it is also an easy level walk to the famous sands of Bondi, making it a fantastic lifestyle location. Held in the same family for over 60 years and in a neighbourhood renowned for its community atmosphere and coastal convenience, this once-in-a-generation chance awaits the perceptive buyer. Agent Interest.
- Potential to amalgamate with 50 Roscoe Street which is scheduled to auction 16th March at 6:00pm
Inspection of this property is available by arrangement, or at the following advertised times.