SOLD
Sold on 30 Aug 2023 for $5,100,000

40 Oakley Road
North Bondi NSW 2026

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 57m2
Land area: 424m2
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Property Details for 40 Oakley Rd, North Bondi

40 Oakley Rd, North Bondi is a 0 bedroom, 0 bathroom House. The property has a land size of 424m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in August 2023. There are other 0 bedroom House sold in North Bondi in the last 12 months.

Building Type
House
Floor Size
57m2
Land Size
424m2
Local Government
Waverley
Lot/Plan
51/DP15776

Last Listing description (March 2023)

I.B Property in conjunction with Colliers, are pleased to present 40 Oakley Road, North Bondi to the market.

40 Oakley Road is a block of six 2-bedroom apartments located in the desirable North Bondi neighbourhood of Sydney, Australia.

This property offers a great investment opportunity, with a strong rental return. Occupying a substantial 411sqm block, it comprises six apartments with similar layouts and although immediately livable as is, it presents a superb potential to renovate and further value add.

The North Bondi neighbourhood is a highly sought-after location and rental demand is consistently strong. This area is known for its stunning beaches, coastal walk, and lively cafes and restaurants.

Key Highlights
- 6 x 2 bedroom apartments offered in-one-line
- Spacious layouts, with sunroom or study room in four apartments
- Further value add opportunity through refurbishment
- Fully leased with a strong net income of $133,084 per annum*
- Less than 800m* to the iconic Bondi Beach
- Ideally situated in a convenient location close to bus services, parks, cafes and restaurants
- Favourable R3 Medium Density Residential zoning

40 Oakley Road, North Bondi is for sale via private treaty.

For more information, please contact the selling agents.

Property History for 40 Oakley Rd, North Bondi, NSW 2026

A timeline of how this property has performed in the market
Last Sold
$5,100,000
30 Aug 2023
Listed for Rent
$340/w
31 Mar 2017
  • 30 Aug 2023
    Sold for $5,100,000
  • 18 Aug 2022
    Listed for Sale For Sale - $5,750,000
  • 29 Apr 2021
    Listed for Rent $350 / week
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About North Bondi 2026

The size of North Bondi is approximately 1.3 square kilometres. It has 15 parks covering nearly 11.5% of total area. The population of North Bondi in 2011 was 8,583 people. By 2016 the population was 9,146 showing a population growth of 6.6% in the area during that time. The predominant age group in North Bondi is 30-39 years. Households in North Bondi are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Bondi work in a professional occupation. In 2011, 53.5% of the homes in North Bondi were owner-occupied compared with 53.8% in 2016.

North Bondi has 4,734 properties.

    There are currently 14 properties listed for sale, and 31 properties listed for rent in North bondi on OnTheHouse. According to CoreLogic's data, 182 properties were sold in the past 12 months in North bondi.

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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.