CBRE, as the exclusive selling agent, is pleased to present 4 Park Parade, Bondi.

Located in Bondi, one of Sydney’s most exclusive and affluent suburbs moments from coastal beaches, this opportunity enables a prospective purchaser to acquire an outstanding 29 room boarding house investment with a diversified income stream securely underpinned by record low vacancy rates.

This investment site benefits from the following key attributes:

- Rare investment opportunity in Australia's most popular beachside suburb of Bondi
- Two storey dwelling comprising 18 x single rooms, 11 x double rooms, 2 x on-site car parking spaces, shared kitchen, lounge and laundry facilities
- Diversified income stream with the opportunity to increase rents in line with market, reposition and/or redevelop (STCA)
- Significant land holding of 507.38sqm* providing strong underlying land value
- Nestled on a quiet street directly opposite to Waverley Oval and a moments walk from the bustling and ever vibrant Bondi Road Retail & Dining Strip
- Situated in a lifestyle focused locality in proximity to popular cafés, bars, restaurants, retail & world renowned Eastern Suburbs beaches
- Capitalise on the strong leasing demand - forecast to continue from international students, young professionals, tourists & net migration of 1.5million* over the next 5 years

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

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