Bondi Beachfront | ‘Surfside Apartments’ Colliers International exclusively offer 128-132 Campbell Parade, Bondi Beach for sale via Expressions of Interest.
Positioned centre stage in one of Australia’s most iconic coastal locations, 128-132 Campbell Parade offers a rare opportunity to acquire a beachfront freehold asset with both exceptional development options (STCA) and immediate cash flow.
Featuring 2 prime retail shops and accommodation that offers uninterrupted views east over the beach, 128 – 132 Campbell Parade provides an astute investor or developer the opportunity to purchase one of Bondi’s best blocks.
Exclusive Eastern Suburbs Childcare Secure 10 year lease to G8 Education Limited to 2024 Three further 10 year options to 2054 G8 Education Ltd: largest ASX listed early education provider with over 450 centres nationally and a market cap of $1.48billion Annual rent reviews plus ratchet provisions (i.e. rent cannot reduce) at market review ensuring guaranteed rental growth Tenant pays all usual outgoings including management fees Single-level facility with service approval for 36 LDC places Prominent 708 sqm elevated corner site at the junction with Old South Head Road and only 6.5km from the CBD Net Income: $156,410 pa
Entire Strata Block of 4 Apartments This Art Deco block of 4 apartments is a unique offering situated in a highly sought after location. With exceptional views spanning from the City Harbour skyline to Watsons Bay and Manly, this strata titled block offers further potential to add, enhance or develop (STCA).
• Zoned R3, Slightly elevated land measuring 637sqm (approx.)
• Each 2 bedrooms plus sunroom unit has front & rear access
• Side drive to 2 garages and 2 car spaces
• To be sold vacant possession
• Suit investors, superfund and developers/builders
Co-Agent Max Mancuso of Ascott Real Estate
M: 0414 488 899