1-4/10 Penkivil Street, Bondi NSW 2026

Block Of Units
Type
9
Bedrooms
4
Bathrooms

Last updated on Monday, October 12, 2026 ( See property details for 1-4/10 Penkivil Street, Bondi NSW 2026)

$4,800,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare opportunity to acquire a versatile block of four apartments in the highly sought-after Bondi area with redevelopment potential and excellent lifestyle amenities.

🏡 Property Highlights

  • Entire block of 4 apartments on a substantial 645sqm landholding
  • Exceptional redevelopment potential with R3 Medium Density zoning
  • Generously proportioned interiors with approx. 3.7m high ceilings
  • Original period features including fireplaces and decorative ceilings
  • Large balconies and sunny rear yard for outdoor living
  • Prime Bondi location just moments from Bondi Beach and local amenities

✨ Key Features

  • Balcony
  • Outdoor Area
  • Garage
  • Open-Plan Living
  • Built-in Robes
  • Waterfront / Views
  • Secure Parking
  • High energy efficiency
  • Fireplace
  • Pet-Friendly

Bondi is renowned for its iconic beach, vibrant café culture, and excellent lifestyle amenities. The suburb offers a diverse community, strong investment prospects, and easy access to Sydney’s CBD. Its sought-after location ensures high demand for both living and rental opportunities, making it ideal for investors and families alike.

What is the current condition of the apartments and what renovations are possible?
The apartments feature original period features and generously proportioned rooms, with scope for renovation and enhancement to modern standards or personal preferences.
What are the zoning regulations and redevelopment possibilities for this property?
The property is zoned R3 Medium Density Residential, offering significant future redevelopment potential (STCA) subject to council approval.
Are there any restrictions or easements affecting the property?
Details regarding restrictions or easements are not specified; it is recommended to conduct a title search and consult with local authorities for comprehensive information.
What are the ongoing costs associated with owning this property?
Ongoing costs may include council rates, strata or body corporate fees, maintenance, and utilities. Specific costs should be confirmed with the relevant authorities or managing bodies.
Is there any nearby construction or development activity that could impact the property?
Current planning or construction activities are not specified; prospective buyers should verify with local council for any upcoming developments in the area.
Are there any hidden costs or upcoming levies associated with the property or potential redevelopment plans? Has the property been inspected for structural issues or defects, especially given its age and period features? Are there any zoning restrictions or planning overlays that could limit redevelopment or renovation options? Is the property located in a flood or bushfire-prone area, and what mitigation measures are in place? Are there any easements, covenants, or restrictions on the land that could affect future use or development?

1-4/10 Penkivil Street, Bondi NSW 2026 - More Details

Versatile Block of Four in a Prime R3-Zoned Bondi Location

Set on a substantial 645sqm block in one of Bondi's most sought-after locations, this rare offering comprises an entire block of 4 apartments (3 x 2 bedroom and 1 x 3 bedroom), ideal for owner-occupiers, investors or multigenerational families. Each residence features generous proportions, approx. 3.7m decorative ceilings, original period details and large balconies, with excellent scope to renovate. Zoned R3 Medium Density Residential, the site also offers future redevelopment potential (STCA). A sunny rear garden and 2 parking spaces add appeal, with Bondi Beach and Bondi Road's shops, cafés and restaurants moments away.

• Entire block of 4 apartments on 645sqm
• 3 x 2 bedroom + 1 x 3 bedroom apartments
• R3 Medium Density zoning, with redevelopment potential (STCA)
• Approx. 3.7m ceilings, original fireplaces and period features
• Large balconies, sunny rear garden and 2 parking spaces
• Estimated GAR approx. $296,400
• Suits owner-occupiers, investors or multigenerational living
• Moments to Bondi Beach, shops, cafés and restaurants

Melanie Lahoud 0400 554 544
Breanna Skewes 0400 487 040
Cindy Fu 0428 111 818

Ray White Double Bay - Exceptional Living Begins Here

Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY
Type
Block Of Units
Bedrooms
9
Bathrooms
4

Inspections times

Auctions

  • 1-4/10 Penkivil Street, Bondi NSW 2026

    Wednesday 21 October
    7:00 pm
  • 1-4/10 Penkivil Street, Bondi NSW 2026

    Thursday 22 October
    6:00 pm
  • 1-4/10 Penkivil Street, Bondi NSW 2026

    Thursday 22 October
    7:00 pm
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