This article is from the Australian Property Journal archive
A Bondi Junction block of six studio apartments with ground floor retail has sold for $3.67 million under the hammer.
It marked the first time in 50 years that the 187-189 Old South Head Road property had been offered for sale.
The 323sqm site has a multi-level 256sqm building and six car spaces, and occupies an elevated location. It sold with potential for a mixed-use development with apartment or townhouses.
It was marketed with “strong development upside” by CBRE’s Nicholas Heaton, Michael Khouri and Gemma Isgro, and auctioned by Jesse Davidson of Auctionworks.
Australian Property Journal
