286-294A Campbell Parade, North Bondi NSW

A powerful magnet for returns from retail, hospitality and holiday rental tenancies, few assets encapsulate the essence of North Bondi culture and commerce as vividly as this iconic freehold.

Set only 120m from the sand, this is four ground floor retail, six designer apartments with multiple parking and a separate loading bay, spanning 690sqm (approx.) with a blue ribbon on it. This is an ideal defensive mix of tenancies generating an annual gross income of c.$1,200,000 p.a.

Everyone comes here. The corner café offers a huge kitchen, window service and outdoor seating where locals come to catch up. North Bondi Grocer is where the entrepreneurs living along Ben Buckler come and buy their eggs and almond milk. And Doughboy Pizza was born here over 20 years ago.

The set of six apartments are accessible from Brighton Boulevarde. The captivating design is inspired by Socal USA, with splashes of pastel colouring the common areas, and a rooftop courtyard available as a social space.

These stunning apartments - 4 x 2 bed; 2 x 1 bed + study - look incredible in rental ads, emanating Art Deco elegance and finished with engineered flooring in Herringbone patterns. The designs are spacious and the materials are premium. Most of them have a water view and two of them have a balcony facing Bondi Beach.

Each of the apartments is fitted with a smart lock, making holiday letting so easy you can manage this building from anywhere in the world. The reality is that the café tables at the building's doorstep will become your place for meetings and monitoring your soon-to-be-favourite asset.

Beyond lucrative returns, an investment along Campbell Parade is an investment in Bondi culture, and there is scope for you to put your stamp on this village hub with your own redevelopment if you feel the calling (STCA). Or simply sit back and enjoy the view.