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.
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.
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.
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