OFF MARKET

5 Bay Street
North Bondi NSW 2026

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 250m2
Land area: 496m2
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Property Details for 5 Bay St, North Bondi

5 Bay St, North Bondi is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 496m2 and floor size of 250m2. While the property is not currently for sale or for rent, it was last sold in November 2011.

Building Type
Unit
Year Built
1930
Floor Size
250m2
Land Size
496m2
Local Government
Waverley
Lot/Plan
C/DP331848

Last Listing description (January 2012)

SOLD...SOLD...SOLD
POTENTIAL OCEANFRONT DEVELOPMENT SITE
'Subject to Council ApprovalnCliff Oceanfront Position

Land Size 13.56 x 36.58 approx.
Land Area : 500 sqm approx.
Zoned : 2(b)Residential- Medium Density
Unit 1 - Leased $1,450 pw expired month to month tenancy.
Unit 2 - Leased $1,400 pw expires on 25/01/2012
Gross Rent $148,200 per annum approx.
A unique and rare opportunity for a developer / investor to acquire a fabulous duplex , each consisting of 4 bedrooms, study, 3 bathrooms and lockup garage.
This is a tremendous opportunity to redevelop this property into a Grand Mansion or 2 X 3 Storey Homes (STCA). This quality offering has the added potential for strong future capital growth and rising rental income returns.
The land is not subject to any development standards that fix minimum land dimensions for the erection of a dwelling home. The land is not within a heritage conservation area.

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Property History for 5 Bay St, North Bondi, NSW 2026

A timeline of how this property has performed in the market
Last Sold
$5,000,000
04 Nov 2011
Listed for Rent
$1.20k/w
18 Apr 2009
  • 04 Nov 2011
    Sold for $5,000,000
  • 20 Aug 2011
    Listed for Sale $5,000,000
  • 19 Mar 2009
    Listed for Rent $1,200 / 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 4,735 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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