Unrivalled position on world renowned stretch of sand, Bondi Beach.
134-138 Campbell Parade is the ultimate freehold investment offering diverse and defensive income streams from both retail and residential tenancies. Additionally, this iconic freehold is offered with rare and valuable DA Approved plans for luxury retail and residential development.
This exceptional freehold building currently consists of 8 residential apartments plus 2 ground floor retail shops leased to prized and established tenants Ben & Jerry’s and EzyMart.
134-138 Campbell Parade, Bondi Beach:
- Unrivalled position with uninterrupted views of Australia’s iconic Bondi Beach
- Ideal mix of tenancies
- Excellent lease profile
- Currently 8 residential apartments (2 x two bedrooms & 6 x one bedrooms)
- Plus 2 ground floor shops leased to Ben & Jerry’s & Ezymart
- Net income of $538,446 per annum*
- Substantial land holding of 417m²*
- Valuable and rare DA Approval for 10 luxury apartments, 2 retail shops and parking for 11 cars designed by leading architect MHNDU
- First DA Approved site offered on Campbell Parade
Colliers International & I.B Property exclusively offer 134-138 Campbell Parade, Bondi Beach for sale by way of Public Auction on Thursday, 19 November at 10:30am (AEDT).
For further details, please contact Miron Solomons or Matt Pontey of Colliers International or Steffan Ippolito of I.B Property.
Auction:
10:30am, Thursday, 19 November 2020
Cooley Auction Room CBD
Dexus Place, Level 5, One Margaret Street, Sydney
*approximately
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