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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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 % |
11A Fletcher Street, Tamarama,
New South Wales, 2026