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Block of Units for Sale

52 Penkivil Street Bondi, NSW 2026

For Sale $28,000,000
  • 27 Beds
  • 16 Baths
  • 14 Cars

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52 Penkivil Street, Bondi, NSW 2026

Block of Units for Sale in Bondi

Future Development Potential

  • 27 Beds
  • 16 Baths
  • 14 Cars

An entire block of 12 apartments in the heart of Bondi. Set on 1,120sqm of land it's a fantastic development opportunity to replace with a modern residential building, or investment opportunity in a highly sought-after rental location. The apartments are immediately liveable as is, yet also presenting superb potential to renovate and add further value.

Future Development Potential: The subject property has the potential for a higher FSR of 2.36:1 based on two neighbouring properties.

  • 9 x 2 bedrooms and 3 x 3 bedrooms to be sold in one line
  • 12 x single lock up garages, 2 car spaces, numerous visitor parking
  • FSR 1.5:1
  • Ideally situated in a convenient location close to bus services, parks, cafes and restaurants

View: By private appointment.

Ron Bauer - 0414 345 444
Sandra Andrian - 0419 236 389

*All sizes, areas and measurements are approximate

Building:

2,643m²

Land:

1,120m² / 0.28 acres

Parking:

12 garage spaces and 2 off street parks

Bedrooms:

27

Bathrooms:

16

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