A Freestanding Coastal Classic With DA Approved Plans For A Dual Occupancy Development

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21 Narelle Street, North Bondi NSW 2026

For Sale

Search Band Search Visibility Band

$6M - $6.6M High Confidence Calculated based on strong search observations.

House 6 Beds 2 Baths 3 Cars

Listed: 52 days ago

Updated: 35 days ago

Overview

Set on a prime, level block of approximately 459 square meters in the sought-after coastal enclave of North Bondi, this 1930s freestanding California bungalow combines classic charm with exciting development potential. With newly approved DA plans for a modern dual-occupancy development, the site offers a rare opportunity to create two exceptional family homes designed for contemporary coastal living.

The approved conceptual design features two premium residences thoughtfully arranged around private internal courtyards, allowing for an abundance of natural light and a seamless indoor-outdoor connection. Each residence offers three well-proportioned bedrooms on the upper levels that capture wide northerly views, complemented by lower-level studies to accommodate flexible family or work-from-home needs.

Emphasising functionality and flow, the streamlined kitchens open to spacious living areas that extend onto landscaped north-facing gardens complete with a pool, ideal for entertaining or relaxed family life. The inclusion of basement garaging for each dwelling reinforces the high-end vision, ensuring generous accommodation for vehicles and storage.

Currently, the property functions as a comfortable five-bedroom home with spacious interiors and a deep front garden with a 12-meter frontage, enhanced by a wide side driveway leading to a lock-up garage. This setup offers immediate liveability or leasing potential while preparing to build the approved dual-occupancy development.

Prime coastal setting close to Bondi Beach and Rose Bay harbour
Approved plans for two modern, light-filled family homes
Functional study spaces providing flexibility
Landscaped north-facing gardens with swimming pool
Secure basement garaging with ample parking
Close proximity to local schools, parks, and village amenities

This property is particularly suited for families or investors seeking a unique opportunity to secure and develop in a tightly held, family-friendly neighbourhood with excellent coastal lifestyle benefits.

Local Market Insights

In North Bondi, Quiet Listings observed 14 new houses entering the market over the last 30 days, down from 17 during the previous 30-day period, with an average advertised asking price of $5,628,133. The property type mix of listed properties is predominantly Apartments at 58%, followed by houses (20%), and commercial properties (13%). The most active agency for houses in the North Bondi area is currently Raine & Horne, representing 50% of new listings, followed by Ray White with 21%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.