CBRE as exclusive listing agents are pleased to present 178 Wellington Street, Bondi Beach. The property represents an attractive opportunity to acquire a secure apartment block investment in Bondi Beach.

178 Wellington Street, Bondi Beach benefits from the following key attributes:

-First time offered to the market
-Comprising 8 x 2-bed apartments to be sold in-one-line
-Significant 680sqm* land holding in tightly held Bondi Beach
-Secure residential investment with a $300,000* p.a market gross income
-Opportunity to strata title and sell down, value add or revert rents and hold for a secure cashflow
-In a central location to Bondi's famed destinations and amenities positioned just behind (400m*) Bondi Beach Town Centre
-Set to benefit from low local vacancy rates and the opening of the international borders, driving rental growth
-Average rental for 2-bedroom apartment in Bondi Beach is $800 per week (realestate.com.au)

178 Wellington Street, Bondi Beach will be sold via public auction at auctionWORKS on the 8 November 2022 at 10:30am (AEDT)

Please enquire directly with the exclusive agents to arrange a private viewing.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx