86 Denison St Apartment Building $2,161,350 3.05% Cap Rate Bondi Junction, NSW 2022

An exceptional investment or future owner-occupier opportunity, this versatile Bondi Junction property is fully leased with a gross annual income of $91,527.15, providing immediate revenue while offering future scope for repositioning. Currently comprising a ground-floor retail shopfront and two stylish, self-contained apartments, the asset caters to both commercial and residential demand in one of the Eastern Suburbs’ most tightly contested markets. Key features include a one-bedroom apartment with private courtyard at entry level, complemented by an upper-level two-bedroom residence with balconies and a large rear courtyard. Dual lane access enhances functionality, with secure parking for two vehicles—an invaluable inclusion in this locale. The commercial tenancy supports boutique business use with a fitted WC, while both apartments boast quality appointments including engineered stone kitchens, stainless-steel gas cooking, and heated towel rails. Situated mere steps from Clementson Park and less than a kilometer from Centennial Parklands, this asset is also within walking distance of Westfield Bondi Junction, transport interchange, and an array of dining and leisure options. Rarely do properties combine immediate income, flexible utilization, and premium positioning in such a high-demand district.