A home and block of this nature is a rare find. Situated only 400 metres to the North Bondi lifesaving club, this property is an outstanding opportunity to construct a luxury family home in this highly sought location.
The current home is liveable as is, or alternatively can be used as an income stream and leased out whilst finalising plans for development of the site.
Given the nature of this property, I expect there to be a number of serious parties and strongly suggest they would be owner occupiers looking to develop the site. Based on activity I've viewed at the open for inspections, I would expect a result north of $4 million.
Things we love
Value add opportunity
Sought after location
Potential for rental income whilst arranging development approval
Seaton Jones is renowned as an elite performer with an excellent reputation in the property industry forged over the past decade, having been partner and owner of prestigious eastern suburb agencies. An expert negotiator with an intricate knowledge of Sydney's inner east and eastern suburbs real estate markets, Seaton has the networks and relationships to uncover the best homes on or off market.