Iluka Bondi Beach sells almost 50% of apartments at launch through CRBE

Amcrest’s boutique development Iluka in Bondi Beach is almost 50% sold since launching over the weekend.

Located on Curlewis Street and only 300 metres to Bondi beachfront, Iluka features 29 apartments ranging from one-, two- and three-bedroom.

Caroline Fagerlund of CBRE Residential says 13 apartments were sold over the weekend to a mix of investors and owner-occupiers.

Designed by MHNDU architects, prices start at $700,000 for a 33-square-metre studio apartment.

One-bedroom apartments are priced from $890,000 and range in size from 55 square metres to 63 square metres.

One-bedroom plus study are 69 square metres internally and range in price from $945,000 to $1.12 million.

Two-bedroom apartments start from $1.25 million and are 85 square metres internally.

A three-bedroom apartment is available for $2,495,000 and is 185 square metres in total.

Apartments include a courtyard or garden, CaesarStone Miele kitchens, hardwood floors and secure parking.

Amcrest bought the site in 2007 for $8.7 million.

Iluka is marketed through Ben Stewart and Caroline Fagerlund of CBRE.

The median apartment price in Bondi Beach is $650,250, an 18.4% change in five years, according to RP Data.