This 34sqm North facing oceanfront studio was on the market for the first time since the Art Deco style building was constructed in the 1950's. 

Located directly above North Bondi's grassy knoll, the building is one of only two with direct access to the beachfront promenade, the other being a single house.

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Speaking to The Real Estate Conversation Christophe said, "We had over 600 enquiries both local and international with 250 inspections in two weeks and the property was sold in 15 days."

"We initially had a price guide of $1.1 million and then due to early interest we increased it to $1.3 million."

"There was huge interest in the property, resulting in 57 contract of sales issued."

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"Potential buyers realised it was an amazing investment opportunity to own a slice of Bondi Beach."

"Some of the international enquiries were looking for a Bondi beachfront bolthole for occasional use, while older buyers were looking for thier kids."

"Expressions of interest offers closed at 3pm on Friday the 31st January and offers that were submitted started at $1.1m. then, $1.4, $1.6, $1.7, $1.8, $2.2, with the winning offer coming in at $2,320.000."

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"The buyer is a local who realised the value and uniqueness of the property." 

"They plan to share the apartment with their family and friends for beachside breaks and to keep in the family for future generations to enjoy."

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"The apartment block is the closest building to to the beach and enjoys breathtaking views."

"Many of the people who actually inspected the apartment commented that the view was far better and more special than the photos could show… it does feel like you are right on the water… well you kind of are."

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To discuss similar properties phone or email Christophe Serrao of Raine & Horne Double Bay or Ric Serrao of Raine & Horne Double Bay via the contact form below. 

To view the listing or for more information click here.

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