Bondi 5 Imperial Avenue

Entire block of 6 x 2 bed Strata apartments in iconic beach suburb

• 12 Bedrooms
• 6 Bathrooms
• 2 Parking

On offer for the first time in more than 20 years, this tightly held full block of 6 strata apartments presents a wonderful opportunity for the astute investor. Fully leased, except display. There is upscale potential for improvements (STCA) and long term investment holding to achieve greater returns. The property enjoys leafy street amongst quality homes and sits at the gateway of Australia's iconic Bondi Beach. It is moments to fast City transport, shops, restaurants & Bondi Junction.

Highlights

* 6 x 2 beds strata title
* 4 apartments offer additional study & balcony
* Internal laundries
* 2 garages plus potential for parking from Edward Lane (STCA)
* Top floor apartments have ocean views
* Zoned R1, land size approx. 446sqm
* Fully leased rental returns $184K gross
* Zone R3 Medium Density Residential
* Upscale potential