6-10/5 Bondi Road
Bonbeach


$1,700,000-$1,800,000

5
5
10

Property Dates and Times


Property Features


Property ID: 3340209

Land Size
1298.00 m2

A 5 x 2 Bedroom Beachside Investment with Astute Earning Power


EXPRESSIONS OF INTEREST - Close Tue 30 Apr at 5pm - unless sold prior

A rare opportunity to purchase 5 x 2 bedroom villa units as a whole, separately titled on a combined 1298sqm approx. only metres from the beach, cafes and station.

Fully leased to long-term tenants, this unprecedented offering returns $67,200pa with each concrete-block constructed unit providing an open plan living & dining area with vintage kitchen, 2 large bedrooms each with built in robes, a separate laundry, classic bathroom, a sizeable east-facing courtyard garden, R/C air conditioning, security doors and undercover parking adjoining the unit.

An excellent investment with future possibilities of renovation, a family estate or redevelopment (STCA), it's a sought after proposition with immediate income or the potential to update and resell individually to make a quick profit.

In this highly desirable location with the beach air, the cafe culture and the community feel, these original villas are a short stroll to Bonbeach Primary School, Bonbeach Sports Reserve, Patterson River and kindergartens, within easy reach of the freeway, Carrum shopping and stunning beaches.