129-131 Macpherson St, Bronte is a 0 bedroom, 0 bathroom House. The property has a land size of 559m2.
A unique opportunity to secure a DA approved site, set on over 550sqm, only footsteps to the sands of Bronte beach. Offering six townhouse style apartments, double fronted retail shop and eight secure parking spaces.
2 x one bedroom, 2 x two bedroom, 2 x two bedroom plus study
All with generous entertaining areas
North facing site with rear lane access
Perfectly positioned in the heart of a trendy shopping strip
Approximately 800 metres to Bronte Beach
Currently used as two business/retail premises and two units
Gross rental potential of approximately $85,000 per annum
Ideal development venture or a great long term investment
The size of Bronte is approximately 1.3 square kilometres. It has 13 parks covering nearly 11.7% of total area. The population of Bronte in 2011 was 6,826 people. By 2016 the population was 6,721 showing a population decline of 1.5% in the area during that time. The predominant age group in Bronte is 30-39 years. Households in Bronte are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bronte work in a professional occupation. In 2011, 59.5% of the homes in Bronte were owner-occupied compared with 60% in 2016.
Bronte has 3,598 properties. Over the last 5 years, Houses in Bronte have seen a 53.33% increase in median value, while Units have seen a 28.96% increase. As at 31 October 2024:
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