SOLD
Sold on 27 Oct 2023 for $24,000,000

2 Bronte Marine Drive
Bronte NSW 2024

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 70m2
Land area: 586m2
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Property Details for 2 Bronte Marine Dr, Bronte

2 Bronte Marine Dr, Bronte is a 0 bedroom, 0 bathroom House with 2 parking spaces and was built in 1967. The property has a land size of 586m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 0 bedroom House sold in Bronte in the last 12 months.

Building Type
House
Year Built
1967
Floor Size
70m2
Land Size
586m2
Local Government
Waverley
Lot/Plan
3/DP12608

Last Listing description (November 2023)

First time offered in 63 years, a once-in-a-lifetime opportunity now exists to purchase a whole block of five absolute beachfront apartments, standing proud on Bronte's northern headland with breathtaking views along the dramatic coastline, Pacific Ocean and beyond. Occupying a substantial 600.1sqm (approx.) parcel directly opposite the sand and surf, this coming-to-market landmark building represents one of the most significant Bronte offerings in years. It currently comprises five tenanted apartments with mixed layouts, including a 135sqm full floor, three bedroom apartment, making it an incredible investment with boundless flexibility, potential for future development and with scope to rebuild a dream beachfront sanctuary.*

High Points

World class offering in an iconic beachfront setting with breathtaking forever ocean/dramatic coastline views

Currently fully tenanted with strong rental return, offering endless opportunity to recreate/rebuild your family dream home*
Ideal to be left rented out during DA process with five spacious apartments hosting mixed layouts
No strata; all-on-one-title allowing for a redesign with more ease and dual street access with parking for four cars
Steps to Bronte Park, buzzing cafs/juice bar with Bronte Baths and the famous coastal walk at your doorstep
Retain as a premier Blue-chip investment and land bank or demolish and convert into one iconic beachfront home*
Opportunities* include high end dual occupancies, subdivision and the construction of two high end homes
Plans exist from award winning architect Alec Tzannes for new residential flat building delicately crafted into the site*

* (STCA)

For all your home loan needs please give the team at Highland Financial Services a call on 02 9523 2699 or visit www.highlandfinancialservices.com.au

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Property History for 2 Bronte Marine Dr, Bronte, NSW 2024

A timeline of how this property has performed in the market
Last Sold
$24,000,000
27 Oct 2023
Listed for Rent
15 Feb 2016
  • 27 Oct 2023
    Sold for $24,000,000
  • 04 Oct 2023
    Listed for Sale Inspect by pre-qualified appointment
  • 03 Dec 2021
    Sold
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About Bronte 2024

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 3,616 properties. Over the last 5 years, Houses in Bronte have seen a 75.55% increase in median value, while Units have seen a 39.17% increase. As at 31 July 2024:

  • The median value for Houses in Bronte is $5,394,661 while the median value for Units is $1,538,622.
  • Houses have a median rent of $1,900 while Units have a median rent of $900.
There are currently 17 properties listed for sale, and 11 properties listed for rent in Bronte on OnTheHouse. According to CoreLogic's data, 122 properties were sold in the past 12 months in Bronte.

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