Two Incredible Bondi Freeholds within the Vibrant Seven Ways Village
Cushman & Wakefield present a truly once-in-a-generation opportunity to secure two substantial and irreplaceable freeholds in Australia’s most iconic beachside suburb. Positioned within the vibrant heart of the Seven Ways Village, 106 Glenayr Avenue & 64 Glasgow Avenue occupy renowned corner settings where opportunities of this scale are seldom offered to the market.
Uniquely Bondi, the prominent freeholds offered are currently improved with five premium ground floor retail tenancies and ten residential apartments across two buildings, providing a robust and highly defensive, diversified income stream. The retail component features well-established businesses that have become local household names including The Bakery on Glenayr, La Piadina and Glenayr Pharmacy, demonstrating long-term success and strong community integration in this high-footfall location.
Key highlights of 106 Glenayr Avenue & 64 Glasgow Avenue, Bondi Beach:
- Substantial Freeholds In-One-Line: A commanding corner land parcel with three high exposure street frontages, including Warners Avenue, Glenayr Avenue and Glasgow Avenue. The holdings occupy a collective area of 875.8 m²* and a premier 45 metre* frontage in an exceptional beachside setting.
- Diversified Income Stream: Existing mixed-use improvements comprising 5 ground-floor retail tenancies and 10 residential apartments (7 x 1 beds, 3 x 2 beds).
- Proven Operational Stability: Features iconic local tenants with a proven track record of success and community integration.
- Defensive Investment Profile: Robust gross income of $939,916 per annum* providing significant protection against market volatility.
- E1 Local Centre Zoning: Flexible planning controls with a 1:1 FSR and 9-metre height limit.
- Future Value-Add Potential: Immediate operational efficiency with long-term potential for refurbishment or repositioning (STCA).
- Unrivalled Location: Situated 800m* from Bondi Beach sands, within one of Sydney’s most affluent and tightly held property markets.
106 Glenayr Avenue & 64 Glasgow Avenue presents a valuable opportunity to acquire a stable, high-performing asset with an exceptional defensive income profile in the heart of Bondi Beach.
106 Glenayr Avenue & 64 Glasgow Avenue, Bondi Beach is offered for sale via Public Treaty.
*Approximately *
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