90 Ramsgate Avenue, North Bondi, NSW 2026

  • 8
  • 4

For sale

Auction

Massive Bondi Beach Opportunity, Entire Block To Be Sold In One Line

Signifying an outstanding opportunity in an exceptional Bondi Beach position, the coming-to-market of this classic Art Deco block presents a rare chance for the perceptive buyer in this coveted beachside locale. Just metres from the sands of Bondi and set on a good-sized 474.3qm (approx.) site, this block is to be sold in one line and offers remarkable potential for investment, renewal, or comprehensive redevelopment (STCA).

Featuring 4x 2-bedroom apartments set over 2 levels, it was built circa 1925 and is in good condition as-is yet without question offers a range of captivating options for the new owner. They may wish to retain the building as an investment in its exact current form, with good tenancy demand, or perhaps seek to revamp the existing building to modernise and capitalise on the rental demand of this sought-after area (STCA).

Alternatively, they may seek to completely redevelop the entire site from the ground up into a significant new apartment development or possibly even craft a vast single coastal dream residence (STCA), as has been enacted at other similar sites in the North Bondi/Bondi Beach neighbourhood in recent times. The options here are both extensive and exciting.

An incredible chance in a highly sought after location, it is metres to famed eateries such as Porch & Parlour and Sean’s, just minutes to North Bondi village shopping and the RSL and, of course, the beach itself. An ideal lifestyle location, the famed buzz of Bondi combines with the revered community atmosphere of this section of the suburb to make this a truly outstanding opportunity. A landmark occasion, this is an impressive and rare prospect for the astute buyer.

Features

- Entire block of 4x 2-bedroom units offered in one line

- Semi-like apts, spacious interiors, all in good condition

- Cute Art Deco block, built c1925, ample orig. features

- A superb investment or development prospect (STCA)

- Range of options to revamp to taste or redevelop (STCA)

- Chance to build landmark dream beachside home (STCA)

- Just metres to Bondi Beach, cafes, RSL, village shopping

- Steps to Porch & Parlour, Sean’s, Bru Cafe, and Cafe Bondi

- In the heart of a vibrant in-demand beachside community

- An outstanding coastal opportunity for the discerning buyer

Open uri20210318 10819 xbag03.profile
Principal
Highres.profile
LREA, Director Tophe Investments Pty Ltd

Got a property to sell? Contact us for a free Property Estimate

Inspections:
  • Fri December 10 at 9:00AM to 9:45AM
  • Sat December 11 at 9:00AM to 9:45AM
  • Mon December 13 at 9:00AM to 9:45AM
Property Info:
  • Property ID: L16046601
  • Property Type: BlockOfUnits
  • Land Area: 474.3 sqm
We Know Your Area
R&H Suburb Profile: North Bondi

R&H Suburb Summary Houses
Number of sales 96
Average Price $4,515,822
Median Price $3,920,000
Median Rental Price $1,500 p.w.
Change in Rental Rate (5yr) 23 %
R&H Suburb Summary Units
Number of sales 123
Average Price $1,653,563
Median Price $1,367,500
Median Rental Price $695 p.w.
Change in Rental Rate (5yr) 5 %
North Bondi, NSW - Median Trend
$3,920,000