Watch Watch

2. Property Highlights

  • 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

3. Property Location

52 Penkivil Street, Bondi, NSW, 2026

Property Map
Show properties in the area

4. Due Diligence

Site Report Available

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

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity