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CBRE - Sydney

40 Waverley Street Bondi Junction, NSW 2022

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40 Waverley Street,
Bondi Junction, NSW 2022

Development Sites & Land • Other

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CBRE - Sydney
Max Silk
Nicholas Heaton
Gemma Isgro

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
CBRE - Sydney
40 Waverley Street
Bondi Junction, NSW 2022

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AN EXCEPTIONAL DEVELOPMENT OPPORTUNITY IN THE EASTERN SUBURBS

  • High Density Development Site
  • 427sqm* Site Area With 28m Height Limit
  • DA Approved For An 8 Storey Apartment
CBRE as the exclusive sales agents are pleased to present to market, 40 Waverley Street, Bondi Junction. This exceptional redevelopment opportunity comprises a large site area of 427sqm* of undeveloped land for 8 whole floor apartments. 7 X three-bedroom, 1 x two-bedroom apartments, underground parking and bicycle parking are offered to residents. The development was presented to seek the highest and best use of the site whilst focusing on maximizing amenity and views. The subject property will be redeveloped from a single storey dwelling to a R4 High Density Residential development, and benefits from being conveniently situated close to the Bondi Junction city centre. A highly desirable suburb which is close to several world class beaches, parks, prestigious schools, retail and dining amenities.

The proposal emphasizes luxury living with each apartment featuring high quality finishes, large windows which maximize natural light and eastern sea breezes. A spacious communal rooftop terrace will also be incorporated into the design, where residents are welcomed with sheltered picnic tables, a fire pit seating area, and a BBQ site.

As the last remaining undeveloped blocks of land on a prime street in the heart of Bondi Junction, 40 Waverley Street presents an exceptional opportunity to acquire a development site in Sydney’s lifestyle focused Eastern Suburbs.

40 Waverley Street, Bondi Junction benefits from the following key attributes:
- DA approved for an eight-storey residential development, underground parking and a rooftop communal terrace
- Neo-modernist design proposed, accommodating 7 x three-bedroom and 1 x two-bedroom apartments
- Sizeable 427sqm* land offering in the affluent eastern suburbs
- Site zoning for R4 High Density Residential development, providing a rare opportunity for redevelopment
- Close proximity to Bondi Road (180m*) without getting caught up in the congestion of the Junction.
- Desirable location near iconic beaches including the world-renowned Bondi Beach, Bronte Beach, and Tamarama Beach.
- Close proximation to Bondi Junction Westfield, Bondi Junction Train Station and a variety of amenities
- Opportunity to profit on strengthening residential market boom

40 Waverley Street, Bondi Junction will be sold via an
Expression of Interest campaign closing on Wednesday 15th of June 2022 at 4:00pm

Please enquire directly with the exclusive agents to arrange a private viewing.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx.

Property ID: 504001611Last Updated: 2 Dec 2022

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