10 Penkivil Street, Bondi, NSW 2026

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Auctioned

Auctioned

Rare Opportunity - Grand French Provincial Block With Exciting Potential

This magnificent French Provincial style block of four apartments represents a rare and exciting opportunity for those with creative vision and determination to restore the property to its original grandeur/update or rebuild a brand-new family masterpiece or development. Occupying a substantial 666sqm level block in a sought-after Bondi address, each apartment features house-sized proportions with soaring decorative ceilings, original period fixtures and access to huge balconies. Explore the potential to capitalise on this incredible offering and one of the last remaining untouched properties in Bondi, within minutes of the sand and surf, quality schools, Bondi Road’s shops, hip bars, cafés and eateries (STCA).

Property Features:

- Grand French Provincial style building of four apartments

- Three – 3-bedroom apartments, one – 2-bedroom apartment

- All with house-sized proportions, soaring decorative ceilings

- Black & White lino tiled flooring, preserved fireplaces

- Recreate/renovate/restore to the original grandeur (STCA)

- Reside in one/passive income from remaining apartments

- Zoned R3 for numerous commercial or residential endeavours

- Exquisite entrance foyer, all apartments with dual access

- One of the last remaining undeveloped buildings in Bondi

- Mostly original kitchens and bathrooms, massive bedrooms

- All open to large balconies, two parking, sunny backyard

- Minutes to the iconic Bondi Beach and Bondi Junction

- Walk to Bondi Road’s shops, hip bars, eateries, grocers

Licensed Real Estate Agent
Licensed Real Estate Agent

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Property Info:
  • Property ID: L32929733
  • Property Type: Other
  • Garages: 2
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R&H Suburb Profile: Bondi

R&H Suburb Summary Houses
Number of sales 44
Average Price $4,707,045
Median Price $4,400,000
Median Rental Price $1,063 p.w.
Change in Rental Rate (5yr) 12 %
R&H Suburb Summary Units
Number of sales 149
Average Price $1,569,585
Median Price $1,465,000
Median Rental Price $975 p.w.
Change in Rental Rate (5yr) 50 %
Bondi, NSW - Median Trend
$4,400,000