Havaianas importer Maria Maribondo-Aspden buys mixed-used building at Bondi Beach for $10.6m
A company linked to Havaianas’ Australian importer Maria Maribondo-Aspden has bought a corner block in Bondi Beach’s Seven Ways village for $10.6 million.
The property at 96 Glenayr Avenue, which consists of four shops and seven two-bedroom apartments, was sold in May for the first time, and has recently settled.
Title documents reveal that the purchaser was Praia Charmosa Pty Ltd; ASIC records list Maria Amelia Eneas Maribondo-Aspden as the sole director.
Ms Maribondo-Aspden is most famous for bringing the Havaianas shoe brand to Australia in the late 1990s, having founded Aqueo Import and Distribution – the licensed distributor of Havaianas in Australia.
Agent Jason Pantzer of Phillips Pantzer Donnelly confirmed that Ms Maribondo-Aspden was the buyer but did not know what her plans were for the site.
Havaianas last year opened its first standalone store in Sydney on Bondi’s Campbell Parade.
TheGlenayr Avenue property – which had been held by the same family since construction in the 1930s – was sold with approved plans in place for the development of five shops and six two-bedroom apartments.
Mr Pantzer said that the property was “hotly contested” owing to its prime position within the Seven Ways village.
“It was highly sought after – it’s a fabulous location and it’s on a prime corner,” he said.
Seven Ways is the name given to the community village centre located at the intersection of Glenayr Avenue, Warners Avenue and Blair Street.
The precinct was recently subject to a $1.8 million upgrade project delivered by Waverley Council.
Properties in the area are tightly held, but there has been a lot of development taking place over the past decade.
“There’s a lot of development going on there … It’s going to be the next Hall Street down at Bondi Beach,” Mr Pantzer said.
The approved development application for 96 Glenayr Avenue features an expansion of the site’s floor-space ratio, reconfiguration of the apartments and the establishment of a rooftop garden.
In its current configuration, the property is generating about $450,000 a year in income.
