- Offered as leased investments
- Three separate strata lots to be sold in one line
- Future value-add opportunities
Mercer Property is delighted to present to the market for sale via expressions of interest, lots 12, 13 & 16/51-53 Spring Street, Bondi Junction.
Truly a rare offering to the market, lots 12 & 13 (known as suites 12 & 13) consists of two north facing strata office spaces, and lot 16 (known as apartment 16) is a light-filled one bedroom penthouse apartment boasting a 126sqm north facing balcony. Positioned on the top two floors of a small boutique mixed-use building, the three properties combined hold a lot entitlement of 18%* of the strata plan.
Offered as leased investments the properties provide its owner with a diverse income stream, as well as the opportunity to add value through the refurbishment of each space, or as being part of a future strata amalgamation as a development site (S.T.C.A).
Over the past decade Bondi Junction has seen significant gentrification and has been a hotbed for growth in both the commercial and residential sectors of the market. With a 32 metre height limit, Spring Street has seen sizeable changes as a number of neighbouring buildings were converted into luxury residential towers, adding further population into the area. Centrally located, 51 Spring Street is only a short walk from major transport hubs (train and bus stations), Oxford Street mall, Westfield Bondi Junction, and within 15 minutes you can be at Sydney's CBD or Bondi Beach.
Features Include:
+ Suites 12 & 13 total 168sqm* of internal floor space
+ Apartment 16 totals 51sqm* of internal floor space, plus 126sqm* balcony
+ 2 car spaces
+ Total lot entitlement of 18%* within strata plan
+ Northern aspect with lots of natural light throughout
+ Ability to renovate to add further value to rental income
+ Located in the heart of Bondi Junction surrounded by modern office and apartment buildings
+ Close cafes, restaurants and numerous forms of public transport at your doorstep
*approximately
Mercer Property is offering Lots 12, 13 & 16/51-53 Spring Street, Bondi Junction for sale via expressions of interest 4:00 pm Tuesday 13th October 2020
For further details or to confirm an inspection, please contact the below agents.
Matt Davoren: 0410 488 437
Dillon Frain: 0416 867 155
