CBRE and Metro Commercial Property Group are pleased to present 134-138 Campbell Parade – a luxury residential development site on the absolute doorstep of Bondi Beach.
Currently comprising two high-quality retail tenants and eight residential units, the property is an outstanding luxury development site with significant holding income. Located directly across from the world-famous Bondi Beach, the site’s premier location affords direct access to an array of amenity, whilst Bondi Junction and Sydney CBD are just a short drive away. With a DA approval for 10 luxury apartments and a retail shop, 134-138 Campbell Parade is the best located development site of 2020.
134-138 Campbell Parade capitalises on the following key attributes:
• Exceptional beachfront location on Bondi Beach
• DA approved for 10 apartments, ground floor retail and 9 secure car spaces
• Uninterrupted ocean views overlooking Bondi Beach
• Net passing income: $519,651per annum*
• Land area: 417sqm*
• Currently comprises two retail shops and eight residential units
• Rare landbank opportunity
• Fully leased asset anchored by Ben & Jerry’s and EzyMart
• Prominent high-profile location along Bondi Beach’s busiest retail strip with rear lane access via Gould Lane
• Short drive or bus ride to Bondi Junction and Sydney CBD
134-139 Campbell Parade will be sold via Expressions of Interest. Please contact agent for further details.
Note: All financial figures have been provided by the Vendor. Purchasers are advised to conduct their own independent due diligence.