Bondi Beach retail asset passed in at auction

Bondi Beach retail asset passed in at auction
Bondi Beach retail asset passed in at auction

A Bondi retail asset located in one of the suburbs strongest retail position, Hall Street, was passed in at $7.5 million.

It came with price expectations of more than $10 million when it was first scheduled for auction on August 30.

The mixed use holding, 62 Hall Street, Bondi Beach is located opposite Toga’s Boheme development, and adjacent to popular Hall Street retailers including Da Orazio Pizza and Porchetta, Gelato Messina plus the Adina Hotel and Harris Farm.

Set on a 223 sqm block the property features the property contains a ground floor pharmacy and six apartments.

The net income of the property is $322,978 per annum.

Tags: 
Bondi Beach Mixed Use

Comments

Be the first one to comment on this article
What would you like to say about this project?