10 + 12 Penkivil Street, Bondi, NSW 2026

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