11A Fletcher Street, Tamarama, NSW 2026

  • 8
  • 6
  • 2

Sold

Sold

Block of Six Apartments with Ocean Views & DA Approval to Add Value

This is a rare opportunity for clever investors to secure an entire block of six apartments in a sought-after Eastern Suburbs location, just minutes from the magnificent beaches and lively café culture of Bondi, Bronte and Tamarama. Currently comprising eight bedrooms over two levels on approx. 495sqm, this block offers enormous potential for renovation and return on investment, with DA plans already approved by council. Situated in an elevated position, the rear rooms in this quiet well-maintained building have views to the sea, while the front apartments feature balconies. With a wide side drive, double garage and large common laundry, this is a generous parcel of land in a prime lifestyle location, with Tamarama Beach only five minutes’ walk away or Bondi Beach a short 15-minute stroll on the coastal path. There’s easy transport by bus to Bondi Junction and the CBD and it’s only a short drive to Westfield Bondi Junction. With an excellent choice of schools and parks close by, this is an area that is always in demand.

Property Features:

-Small block of six apartments with east aspect at rear

-Existing 4 × 1-bed and 2 × 2 bed apartments with 2 car spaces

-Well-kept quiet building with charming original features

-Decent sized yard, wide driveway and shared laundry

-Plans for redevelopment already approved by Council

-Elevated aspect and ocean views from rear apartments

-Wooden floorboards, stained glass and high ceilings

-Absolutely convenient & in-demand beach location

-Stroll to trendy restaurants, wine bars and pubs

-Easy street parking and bus transport to CBD

-Exceptional investment in a high demand suburb

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Property Info:
  • Property ID: L20433385
  • Property Type: BlockOfUnits
  • Garages: 2
  • Land Area: 495.0 sqm
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R&H Suburb Profile: Tamarama

R&H Suburb Summary Houses
Number of sales 16
Average Price $7,595,625
Median Price $7,425,000
Median Rental Price $2,750 p.w.
Change in Rental Rate (5yr) 83 %
R&H Suburb Summary Units
Number of sales 19
Average Price $2,193,684
Median Price $1,805,000
Median Rental Price $1,165 p.w.
Change in Rental Rate (5yr) 29 %
Tamarama, NSW - Median Trend
$7,425,000