Hall Street, Bondi Beach NSW 2026

Property Overview

• Free Hold asset with additional future development upside
• Council plans to turn Hall Street into pedestrian thoroughfare to create Bondi Beach major retail and commercial precinct
• Rental under market average along Hall Street allowing for consistent capital growth
• Located at Bondi Beach which is one of Australia’s most iconic tourist destinations receiving an average of 2.6 million visitors each year
• Leased to an experienced operator within the Bondi Beach commercial health and fitness market with two existing businesses in Bondi

Gross Lettable area (GLA)

592.0sqm

Occupancy

100%

Weighted Average Lease Expiry (WALE)

Average WALE 5 years as at 12/09/2022

Gearing

0%

Returns

7.5% – 8.5% p.a

Total Property Value: 68m