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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

1-4//10 Penkivil Street, Bondi NSW 2026

Auction

Listed: 11 hours ago
Overview

This unique offering comprises an entire block of four apartments set on a generous 645sqm parcel with R3 Medium Density Residential zoning in the highly sought-after suburb of Bondi. The property consists of three two-bedroom apartments alongside one three-bedroom apartment, making it exceptionally versatile for a range of potential buyers.

With approximately 3.7m high decorative ceilings and original period features throughout, the interiors offer a blend of historical charm and spaciousness. Large balconies and a sunny rear garden provide pleasant outdoor spaces, ideal for relaxation or entertaining. Two dedicated parking garage spaces enhance convenience in this inner-city location.

The block presents excellent scope to renovate and enhance each residence, allowing for personalisation or modernisation to suit contemporary living. Additionally, the significant landholding and zoning afford notable potential for future redevelopment, subject to council approval, appealing to investors or developers looking for long-term prospects.

The property is particularly suited for multigenerational living or investors seeking multiple incomes from one asset. Its prime location places it merely moments from Bondi Beach and the vibrant café and retail scene of Bondi Road, ensuring an attractive lifestyle and strong rental appeal.

Local Market Insights

In Bondi, Quiet Listings observed 30 new apartments entering the market over the last 30 days, up from 22 during the previous 30-day period, with an average advertised asking price of $3,052,000. The property type mix of listed properties is predominantly Apartments at 63%, followed by houses (33%), and units (4%). The most active agency for apartments in the Bondi area is currently Raine & Horne, representing 33% of new listings, followed by Ray White with 30%. 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.

Open for Inspections

Upcoming inspection times scheduled in the next 14 days.

11:45 AM - 12:15 PM AEST
11:45 AM - 12:15 PM AEST
11:45 AM - 12:15 PM AEST
Location
1-4//10 Penkivil Street
Bondi NSW 2026
Market Insights for Bondi NSW 2026
New Listings (last 30 days)
30
Average price
$3,052,000
Lowest price
$750,000
Highest price
$16,000,000
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