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Bondi Renovation - O'Donnell St, North Bondi - Search Find Invest

 

Property Location: North Bondi, Sydney

 

Renovation Details

Our client was looking for a renovation opportunity in a premium Eastern Suburbs location.

They wanted a North facing rear, walking distance to the beach and a block they could add value to.

We located an opportunity in the beachside suburb in North Bondi and aggressively negotiated to keep purchase costs as low as possible.

Our client was thrilled with the purchase and immediately began planning on how to convert this property into a luxurious beach home.

 

Works included:

  • Complete rebuild

 

Purchase Price - $2,225,000

Renovation Cost - $3,000,000

Sale Result - $6,925,000

Rental return before renovation - $900pw

Rental return after renovation - $3500pw

 


Contact us to find your next profitable renovation project.