1/51-53 Spring Street, Bondi Junction, NSW 2022 | Property Value & History | OnTheHouse
OFF MARKET

1/51-53 Spring Street
Bondi Junction NSW 2022

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Property Details for 1/51-53 Spring St, Bondi Junction

Building Type
Commercial
Year Built
1970
Local Government
Waverley
Lot/Plan
1/SP17770

Last Listing description (December 2025)

Fully Fitted Strata Retail Opportunity In The Heart of Bondi Junction

Last sold in 1994 and leased until August 2028 with 2 x three year options, this tightly held retail space presents a unique opportunity to buy into a boutique mixed-use building in a gateway location. Ideal for the astute investor looking for a carefree investment, this 39sqm retail space is surrounded by newly revitalised luxury residences, shops, services and eateries and is buzzing with activity, offering a steady flow of trade and energy from its vibrant community. Just moments to Oxford Street mall, transport and Westfield Bondi Junction, this fully fitted space comes with air conditioning, grease trap and extensive bi-fold doors. With a coveted position in the heart of Bondi Junction's thriving shopping and dining hub, this is an exceptional opportunity for value-driven, investment-focused buyers.

* Current rent: $50,000/per annum incl GST

* Leased until 17/08/2028
* 2 x 3 year options
* Tenants pay all outgoings
* 3% rent increase per annum

Features include:

+ Prime, high exposure position on popular Spring Street strip
+ High-visibility retail space
+ Air conditioning, grease trap and extensive bi-fold windows
+ Fantastic signage on building and on Spring Street
+ Ideal for the SMSF buyer
+ High rental return and capital growth potential
+ Moments to Oxford Street Mall, Bondi Junction station and Westfield
+ Celebrated dining/retail precinct in the heart of the East
+ A walkable neighbourhood with an established café/retail culture

Century 21 Armstrong-Smith are real estate experts based in the heart of Bondi Junction in the Eastern Suburbs and are proud to present this fantastic property. We look forward to offering you world class customer service for the 21st Century.

DETAILS: Nicholas Armstrong-Smith 0419 273 703

Property History for 1/51-53 Spring St, Bondi Junction, NSW 2022

A timeline of how this property has performed in the market
Last Sold
$152,500
30 Sep 1994
  • 22 Aug 2025
    Listed for Sale For Sale
  • 30 Apr 2025
    Listed for Sale $600,000 For Sale
  • 10 Jan 2025
    Listed for Sale P.O.A.
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About Bondi Junction 2022

The size of Bondi Junction is approximately 1.1 square kilometres. There are 6 parks, covering nearly 12.8% of the total area. The population of Bondi Junction in 2016 was 9445 people. By 2021 the population was 10361 showing a population growth of 9.7% in the area during that time. The predominant age group in Bondi Junction is 30-39 years. Households in Bondi Junction are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bondi Junction work in a professional occupation.In 2021, 43.20% of the homes in Bondi Junction were owner-occupied compared with 45.70% in 2016.

Bondi Junction has 8,546 properties. Over the last 5 years, Houses in Bondi Junction have seen a 10.08% increase in median value, while Units have seen a 12.50% increase. As at 30 April 2026:

  • The median value for Houses in Bondi Junction is $2,926,265 while the median value for Units is $1,318,940.
  • Houses have a median rent of $1,450 while Units have a median rent of $950.
There are currently 41 properties listed for sale, and 78 properties listed for rent in Bondi junction on OnTheHouse. According to Cotality's data, 300 properties were sold in the past 12 months in Bondi junction.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.