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52 Penkivil Street, Bondi, NSW, 2026

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52 Penkivil Street, Bondi, NSW, 2026
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52 Penkivil Street, Bondi, NSW, 2026

Properties / Buy / New South Wales / Bondi
Development Potential

1. Property Summary

Property Type
Residential
Sub Type
Land Site
Land Area
1,120 m² (*approx)
Zoning
R4 High Density Residential
Selling Method
Expressions of Interest: Closing on Thursday, 7 March 2024 at 4pm (AEDT)
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2. Property Highlights

BEACHSIDE RESIDENTIAL DEVELOPMENT OPPORTUNITY
  • Rare Beachside Location
  • R4 High Density Residential Zoning
  • Potential GFA of 2,643 (STCA)

CBRE have been exclusively appointed by the Owners Corporation to offer a beachside residential development site at Bondi in Sydney's Prestige Eastern Suburbs.

Key Development Highlights:

- Site area of 1,120sqm

- R4 High Density Residential zoning with building height limit up to 28m

- Potential to achieve Gross Floor Area of 2,643sqm (STCA) based on FSR increases achieved by neighbouring properties

- Prime location and beachside proximity presents an excellent opportunity to capture growing downsizer market

- In close proximity to Bondi Junction, retail amenities, schools and world famous beaches

- Site is currently improved with a circa 1969 unit complex containing 12 units over three levels

52 Penkivil Street at Bondi is being offered as an amalgamated development site sale and will be sold via Expression of Interest with offers closing on Thursday, 7 March 2024 at 4pm (AEDT).

*All sizes, areas and measurements are approximate

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Residential
Sub-type
Land Site
Land Area
1,120 m² (*approx)
Zoning
R4 High Density Residential
Selling method
Expressions of Interest: Closing on Thursday, 7 March 2024 at 4pm (AEDT)

2. Property Highlights

BEACHSIDE RESIDENTIAL DEVELOPMENT OPPORTUNITY
  • Rare Beachside Location
  • R4 High Density Residential Zoning
  • Potential GFA of 2,643 (STCA)

CBRE have been exclusively appointed by the Owners Corporation to offer a beachside residential development site at Bondi in Sydney's Prestige Eastern Suburbs.

Key Development Highlights:

- Site area of 1,120sqm

- R4 High Density Residential zoning with building height limit up to 28m

- Potential to achieve Gross Floor Area of 2,643sqm (STCA) based on FSR increases achieved by neighbouring properties

- Prime location and beachside proximity presents an excellent opportunity to capture growing downsizer market

- In close proximity to Bondi Junction, retail amenities, schools and world famous beaches

- Site is currently improved with a circa 1969 unit complex containing 12 units over three levels

52 Penkivil Street at Bondi is being offered as an amalgamated development site sale and will be sold via Expression of Interest with offers closing on Thursday, 7 March 2024 at 4pm (AEDT).

*All sizes, areas and measurements are approximate

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Ben Hunter
Ben Hunter
+61 *** *** *** show +61 499 486 999
Message Message
+61 499 486 999 ben.hunter@cbre.com Message
Ben Wicks
Ben Wicks
+61 *** *** *** show +61 422 206 015
Message Message
+61 422 206 015 ben.wicks@cbre.com.au Message

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3. Property Location

52 Penkivil Street, Bondi, NSW, 2026

Property Map
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4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
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52 Penkivil Street, Bondi, NSW, 2026 Bondi
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CBRE - Sydney
CBRE - Sydney
Level 21, 363 George Street, Sydney, NSW 2000
View Agency Profile
Ben Hunter
Ben Hunter
+61 *** *** *** show +61 499 486 999
Ben Wicks
Ben Wicks
+61 *** *** *** show +61 422 206 015
Enquire