With diverse income streams and exceptional development potential 128-132 Campbell
Parade offers the opportunity to acquire one of the last remaining freehold buildings in Bondi's prized dress circle.
Ideal to hold and capitalise on exceptional growth in Australia's premier real estate market or unlock the significant development potential of one of the last remaining beachfront opportunities.
Be inspired by the multi-level development approvals obtained at neighbouring properties.
Exceptional development opportunity in prized Bondi position overlooking world
famous beach (STCA)
One of Campbell Parade's last remaining freeholds
Land Area of 417m approx.
Flexible Zoning Controls B2 Local Centre
FSR - 3:1
Height Limit - 15 metres
Rear lane access via Gould Lane
Current Net Income $554,932 approx. from multiple and diverse income streams
Existing rebuilt next generation boarding house with 17 self-contained rooms (each with its own kitchenette and bathroom) and common room
Recent multimillion dollar refurbishment (including full fire upgrade)
Explore alternative uses (STCA)
Stunning views
2 beachfront retail shops
Irreplaceable Opportunity
For further details, please contact Miron Solomons or Matt Pontey.
The size of Bondi Beach is approximately 1.2 square kilometres. There are 13 parks, covering nearly 18.8% of the total area. The population of Bondi Beach in 2016 was 11656 people. By 2021 the population was 11513 showing a population decline of 1.2% in the area during that time. The predominant age group in Bondi Beach is 30-39 years. Households in Bondi Beach are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bondi Beach work in a professional occupation.In 2021, 31.80% of the homes in Bondi Beach were owner-occupied compared with 34.20% in 2016.
Bondi Beach has 8,328 properties. Over the last 5 years, Houses in Bondi Beach have seen a 3.19% increase in median value, while Units have seen a 7.44% increase. As at 31 July 2026:
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