Gladwyn, 161 Glenayr Avenue, Bondi Beach, NSW 2026

Let the first golden rays of a Bondi sunrise guide you to this exceptional investment opportunity - an elegant 1920s Inter-War Spanish Mission style block of four two-bedroom apartments just 450 metres from Bondi Beach's iconic shoreline. 
 
Strategically placed on an approximately 420 sqm corner site with prime street frontages to Glenayr Avenue and a quiet, north-facing Roscoe Street, this property offers boundless development potential. 

Zoned E1 Local Centre, the allowable 2:1 Floor Space Ratio (FSR) and up to 13-metre height limit has the potential to accommodate two additional floors, paving the way for future residential and commercial growth (STCA).  

Currently, the well-maintained apartments are rich in character and feature ornate high ceilings, timber floors, and stained-glass accents. Sunrooms in two of the apartments and a separate two-space brick garage enhance their appeal to tenants and prospective buyers. 
 
Potential to generate strong rental returns, this block can offer steady income while you plan your vision for the site. Don't let the sun set on this remarkable chance to secure an ultra-rare piece of Bondi's highly sought-after landscape.

• Inter-War Spanish Mission style freestanding block of four two-bedroom apartments 
• Level and direct 450-metre walk to the shores of Bondi Beach  
• Prime 420 sqm corner site with dual frontages to Glenayr Avenue and Roscoe Street  
• Zoned E1 Local Centre with a 2:1 Floor Space Ratio (FSR) and 13-metre height limit  
• Potential to add two additional floors (STCA) for further development  
• Well-maintained apartments featuring high ceilings, timber floors, and period details  
• Select apartments offer sunrooms and two lock-up car spaces for added tenant appeal  
• Strong rental potential to provide steady income while planning future development  
• Surrounded by Bondi's vibrant lifestyle precinct, just steps from Campbell Parade  
• Ideal for investors and developers looking to capitalise on Bondi's high-demand market  
• Secure a substantial landholding in one of Sydney's most exclusive locations

INFORMATION MEMORANDUM AND FEASIBILITY REPORT AVAILABLE UPON REQUEST!