The combined freehold properties at 106 Glenayr Avenue and 64 Glasgow Avenue comprise five ground-floor retail tenancies and ten residential apartments across 875.8 sqm* site with a substantial 45-metre frontage in the heart of Bondi’s bustling café and retail precinct.
Generating robust yearly rental income, the asset is underpinned by a diverse mix of long-standing local operators including The Bakery on Glenayr and La Piadina, both considered institutions within the Eastern Suburbs dining scene.
The offering is exclusively for sale through Miron Solomons, Matt Pontey and Ariel Balkin of Cushman & Wakefield and comes amid continued demand for tightly held Bondi assets, with investors increasingly targeting defensive income-producing properties in lifestyle precincts where land supply remains heavily constrained.
Matt Pontey of Cushman & Wakefield said the campaign is expected to appeal to high-net-worth private investors seeking long-term wealth preservation through premium Sydney real estate.
“We expect strong interest from private capital groups, family offices and local high-net-worth buyers looking for generational assets with secure income, land value and exposure to one of Australia’s most tightly held coastal markets,” he said.
Located within walking distance to the sands of Bondi Beach and surrounded by some of the suburb’s best-known hospitality venues, the asset benefits from consistent foot traffic driven by both locals and tourists.
Miron Solomons of Cushman & Wakefield said the property’s scale and position within Seven Ways Village made it one of the most significant Bondi offerings in recent years.
“Opportunities to secure multiple freehold titles of this nature in the centre of Bondi Beach are few and far between. The combination of strong holding income, landmark frontage and deep community integration makes this a genuinely irreplaceable asset,” he said.
Bondi Beach continues to rank among Australia’s most tightly held residential and retail markets, supported by limited supply, strong tourism flows and enduring demand from affluent owner-occupiers and investors alike.
Ariel Balkin of Cushman & Wakefield said the property’s appeal also lies in the opportunity of securing scale within Bondi’s tightly held Seven Ways precinct.
“Freehold opportunities of this calibre in Bondi Beach are incredibly hard to come by, particularly those with diversified income and such a strong connection to the local community and lifestyle amenity,” he said.
The property will be offered for sale via public auction at 5pm (AEST) on June 23 through Cushman & Wakefield at Cooley Auction Rooms, Level 1, 29-33 Bay Street, Double Bay.
