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

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 443m2
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Property Details for 1/51-53 Spring St, Bondi Junction

Building Type
Commercial
Year Built
1970
Land Size
443m2
Local Government
Waverley
Lot/Plan
1/SP17770

Last Listing description (October 2025)

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

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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
Listed for Rent
$939/w
26 Aug 2025
  • 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. It has 6 parks covering nearly 12.8% of 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 8,521 properties. Over the last 5 years, Houses in Bondi Junction have seen a 27.40% increase in median value, while Units have seen a 24.73% increase. As at 31 December 2025:

  • The median value for Houses in Bondi Junction is $3,051,416 while the median value for Units is $1,360,695.
  • Houses have a median rent of $1,200 while Units have a median rent of $950.
There are currently 21 properties listed for sale, and 82 properties listed for rent in Bondi junction on OnTheHouse. According to Cotality's data, 301 properties were sold in the past 12 months in Bondi junction.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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