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Levy Property Group - DOUBLE BAY

Gladwyn, 161 Glenayr Avenue Bondi Beach, NSW 2026

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Gladwyn, 161 Glenayr Avenue,
Bondi Beach, NSW 2026

Development Sites & Land • Other

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Sale - Auction

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Map of Gladwyn, 161 Glenayr Avenue

Directions
  • Train stations within 5 km of Gladwyn, 161 Glenayr Avenue, Bondi Beach, NSW 2026Distance
    Bondi Junction Station2.2 km
    Edgecliff Station3.4 km
    Kings Cross Station4.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Gladwyn, 161 Glenayr Avenue, Bondi Beach, NSW 2026Distance
    Glenayr Av Near Hall St82 m
    Glenayr Av Near O'Brien St83 m
    Curlewis St Near Glenayr Av101 m
    Glenayr Av Near Curlewis St155 m
    Glenayr Av Near Warners Av330 m
    POWERED BY HERE ©
POWERED BY HERE ©

Limitless Bondi Block Potential

Let the first golden rays of a Bondi sunrise guide you to this exceptional investment opportunity - an elegant 1920s Inter-War Spanish Mission style block of four two-bedroom apartments just 450 metres from Bondi Beach's iconic shoreline.

Strategically placed on an approximately 420 sqm corner site with prime street frontages to Glenayr Avenue and a quiet, north-facing Roscoe Street, this property offers boundless development potential.

Zoned E1 Local Centre, the allowable 2:1 Floor Space Ratio (FSR) and up to 13-metre height limit has the potential to accommodate two additional floors, paving the way for future residential and commercial growth (STCA).

Currently, the well-maintained apartments are rich in character and feature ornate high ceilings, timber floors, and stained-glass accents. Sunrooms in two of the apartments and a separate two-space brick garage enhance their appeal to tenants and prospective buyers.

Potential to generate strong rental returns, this block can offer steady income while you plan your vision for the site. Don't let the sun set on this remarkable chance to secure an ultra-rare piece of Bondi's highly sought-after landscape.

• Inter-War Spanish Mission style freestanding block of four two-bedroom apartments
• Level and direct 450-metre walk to the shores of Bondi Beach
• Prime 420 sqm corner site with dual frontages to Glenayr Avenue and Roscoe Street
• Zoned E1 Local Centre with a 2:1 Floor Space Ratio (FSR) and 13-metre height limit
• Potential to add two additional floors (STCA) for further development
• Well-maintained apartments featuring high ceilings, timber floors, and period details
• Select apartments offer sunrooms and two lock-up car spaces for added tenant appeal
• Strong rental potential to provide steady income while planning future development
• Surrounded by Bondi's vibrant lifestyle precinct, just steps from Campbell Parade
• Ideal for investors and developers looking to capitalise on Bondi's high-demand market
• Secure a substantial landholding in one of Sydney's most exclusive locations

INFORMATION MEMORANDUM AND FEASIBILITY REPORT AVAILABLE UPON REQUEST!

Property ID: 504730592Last Updated: 12 Nov 2024

Levy Property Group - DOUBLE BAY

Level 1, 377 New South Head Road
DOUBLE BAY, NSW 2028
04516540...
Levy Property Group - DOUBLE BAY
Gladwyn, 161 Glenayr Avenue
Bondi Beach, NSW 2026

Detailed listing

Levy Property Group - DOUBLE BAY
Level 1, 377 New South Head Road
DOUBLE BAY, NSW 2028

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