FOR SALE
Sale Price Unavailable

Shop 1/7 - 15 Newland Street
Bondi Junction NSW 2022

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 226m2
Auction Time
Wed 13 Nov 10:30 am
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
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Eastern Suburbs Strata Retail Investment

Ray White Commercial Eastern Suburbs are pleased to present Shop 1, 7 - 15 Newland St Bondi Junction to market, for sale via Public Auction.
Perfectly positioned in the heart of Bondi Junction, this strata retail property has recently been transformed with a brand new state of the art fit out and an ideal addition to any astute investors property portfolio and one not to be missed.
Property Highlights:
- Net Income: $193,000pa (approx.)
- Currently leased to Cosmetic + Skincare clinic "Beauty Pavilion" + local barber shop "Bondi Hair Crew"
- Approx. 236m2 on title including 2 car spaces
- Anchor tenant "Beauty Pavilion" has a 5 year lease with 2 x 5 year options until 2039 with 3% annual increases
- Exceptional brand new state of the art modern fit out throughout with depreciation benefits to incoming purchaser
- Wide expansive shopfront enjoying high foot traffic + surrounded by both residential and commercial towers
- Close proximity to Bus / Train Station, Westfield / Eastgate Shopping Centre's + local amenities.
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Property Details for Shop 1/7 - 15 Newland St, Bondi Junction

Building Type
Commercial
Floor Size
226m2

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About Bondi Junction 2022

The size of Bondi Junction is approximately 1.1 square kilometres. It has 6 parks covering nearly 12.8% of total area. The population of Bondi Junction in 2011 was 8,660 people. By 2016 the population was 9,430 showing a population growth of 8.9% in the area during that time. The predominant age group in Bondi Junction is 30-39 years. Households in Bondi Junction are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bondi Junction work in a professional occupation. In 2011, 46.6% of the homes in Bondi Junction were owner-occupied compared with 45.7% in 2016.

Bondi Junction has 8,471 properties. Over the last 5 years, Houses in Bondi Junction have seen a 52.93% increase in median value, while Units have seen a 17.58% increase. As at 30 September 2024:

  • The median value for Houses in Bondi Junction is $3,016,848 while the median value for Units is $1,272,490.
  • Houses have a median rent of $1,265 while Units have a median rent of $899.
There are currently 41 properties listed for sale, and 70 properties listed for rent in Bondi junction on OnTheHouse. According to CoreLogic's data, 357 properties were sold in the past 12 months in Bondi junction.

Suburb Insights for Bondi Junction 2022

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Zorick Toltsan
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RWC Eastern Suburbs
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.