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  • 10 + 12 Penkivil Street, BONDI, NSW 2026

10 + 12 Penkivil Street, Bondi, NSW 2026

  • 19 Bed
  • 9 Bath
  • 5garages

For Sale

Expression of Interest Closing Friday 23rd May 3:00pm

Rare Development Opportunity 10 + 12 Penkivil Street Bondi + 21 Martins Avenue Bondi

An exceptional development opportunity exists in a blue-ribbon Bondi address, comprising three neighbouring properties to be sold separately or all-in-one-line. 10 Penkivil is a grand French Provincial style block of four x 2 bedroom plus sunrooms on an approx. 666sqm landholding. 12 Penkivil is a two-bed semi with a lock-up garage on an approx. 335sqm block and 21 Martins Avenue is a block of four x 2-bedroom apartments with two LUG on an approx. 557sqm block. Explore the potential to capitalise on this incredible opportunity promising excellent passive income with potential future uplift or redevelop in one of Bondi's most sought-after enclaves. Its unbeatable setting is within minutes of the sand and surf, quality schools, Bondi Road's shops, hip bars, cafés and eateries (STCA).

Property Features:

- 10 Penkivil - Grand French Provincial style block of four

- Block of four x 2-bedroom apartments plus sunrooms

- Occupies a substantial approx. 666sqm landholding

- 12 Penkivil comprises 3 bed semi with LUG on approx. 335sqm

- 21 Martins - block of 4 x 2 bed w/ 2 x LUG on approx. 557sqm

- Recreate/renovate/restore to the original grandeur (STCA)

- Primed for redevelopment in blue-ribbon Bondi address

- Exceptional investment opportunity with strong rental yield

- Zoned R3 for numerous commercial or residential endeavours

- Minutes to the iconic Bondi Beach and Bondi Junction

- Walk to Bondi Road's shops, hip bars, eateries, grocers

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avatar Dean Power
Dean Power
Licensed Real Estate Agent
avatar Steven Henderson
Steven Henderson
Licensed Real Estate Agent

Got a property to sell? Contact us for a free Request Appraisal

Property Info:
  • Property ID: L32929733
  • Property Type:Other
  • Garages:5
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R&H Suburb Profile: Bondi
R&H Suburb SummaryHouses
Number of sales46
Average Price$5,108,000
Median Price$4,315,000
Median Rental Price$1100 p.w.
Change in Rental Rate (5yr)22 %
R&H Suburb SummaryUnits
Number of sales191
Average Price$1,815,461
Median Price$1,475,000
Median Rental Price$980 p.w.
Change in Rental Rate (5yr)42 %
Median Trend - $4,315,000
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