28 Spring StreetBondi Junction NSW 2022
Property Details for 28 Spring St, Bondi Junction
Last Listing description (October 2023)
Stonebridge Property Group has the exclusive opportunity to offer for sale, on behalf of the Receivers and Managers, Holiday Inn & Suites (an IHG Brand Hotel) at 28 Spring Street, Bondi Junction NSW 2022.
The property presents an opportunity to secure a 100% leased investment in the heart of Bondi Junction, the retail, leisure, services, and transport hub of Sydney's eastern suburbs. The tenant has recently refurbished the entire premises and has security of tenure to 2042 via an initial 5-year term followed by 3 x 5-year options.
Key highlights of the opportunity include:
- Valuable eastern suburbs investment
- 100% leased, trading as Holiday Inn & Suites (an IHG Hotel Brand)
- Highly connected Bondi Junction location, just 300m* to the major transport and retail hub of Sydney's eastern suburbs
- Well-configured building providing 82 hotel suites across individual strata titles, plus substantial common areas/facilities and car parking
- 5 year lease to 2027, plus options to 2042 via an initial 5-year term followed by 3 x 5-year options
- Commencing base rental income $1,500,000 pa* with fixed 3% annual rental reviews
*Approximately
The internal floor area stated is an estimate only and not to be relied upon.
Holiday Inn & Suites, Bondi Junction is for sale by Expressions of Interest, closing Wednesday 15 November 2023 at 4pm (AEDT).
To obtain further information or to arrange an inspection, please contact the Stonebridge team.
Property History for 28 Spring St, Bondi Junction, NSW 2022
- 10 Oct 2023Listed for Sale Contact Agent
- 01 Jun 2020Listed for Rent $500 / week
Recent sales nearby
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0About 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 8,517 properties. Over the last 5 years, Houses in Bondi Junction have seen a 23.63% increase in median value, while Units have seen a 31.86% increase. As at 30 November 2025:
- The median value for Houses in Bondi Junction is $2,947,916 while the median value for Units is $1,384,352.
- Houses have a median rent of $1,225 while Units have a median rent of $950.
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