Bondi Junction

The long-awaited rejuvenation of the Club Bondi Junction RSL is officially underway following a formal ground-breaking, signalling the start of construction on the back of a successful project sell out.

The 80-apartment development by Australian development business, Capital Corporation, was launched in October 2020, selling 30 per cent of apartments in the first week on the market, with the final apartment sold just prior to the start of the construction phase.&nbsp;

The apartments have been designed by Group GSA, while the interiors are by renowned architects, Koichi Takada.

With a focus on form and function, each home has been designed to celebrate both the city and the sea, with each apartment following an open-plan design, adjoining onto spacious balconies offering views across Bondi and Botany Bay.

Capital Corporation Director, Jim Hunter said the strong sales in 2021 triggered the early construction start, with the flow of buyers following on from there.

&ldquo;Our last sale recently finalised, and the construction program has officially begun, signifying to the community that the project is full steam ahead,&rdquo; he said.

&ldquo;This is such an exciting project that provides both a longstanding future for the Club, modern living facilities and terrific benefits for the community,&rdquo; Hunter added.

Bond is set to revitalise the precinct streets into a buzzing community hub, with the reinvention and modernisation of Club Bondi Junction RSL also planned, which will sit beneath the apartments.

Part of the area&rsquo;s regeneration includes opening the street frontage on the corner of Gray Street and Bronte Road into a welcoming and dynamic location, with an array of cafes and dining options.

Capital Corporation worked closely with Group GSA, to renew and restore aspects of the Club&rsquo;s heritage, while also creating a contemporary facade.

Bondi Junction RSL Club President, Bill Harrigan said they&rsquo;re looking forward to the transformation, attracting all members of the community.

&ldquo;I am excited about the creation of a different type of club, one that attracts not only veterans and their families but all of the community.&rdquo;

With the inclusion of the function spaces and the new restaurant, we expect the club to be a central spot for social connection,&rdquo;&nbsp;Harrigan said. &nbsp;

The 10-level residential project will be crowned by a landscaped rooftop area, created by Urbis, complete with an outdoor cinema, barbecue areas and a yoga lawn.&nbsp;

National Director at Colliers Residential, Blake Schulze, said the project had attracted buyers from the Eastern Suburbs, many of whom purchased multiple apartments, with one as their main residence and the second as either an investment or for another family member or adult child.

&ldquo;We experienced significant demand for Bond from local families and returning Australian expats,&rdquo; he said.

&ldquo;This demand resulted in strong sales, even during our most significant lockdown period of 2021.&rdquo;

After partnering on two successful projects, Veridian in Kogarah and Esplanade in Norwest, Capital Corporation appointed Westbourne Constructions as the builder in December 2021 with construction now officially underway.

[smartcode_project_cta: project_id=31636]

With a focus on form and function, each home has been designed to celebrate both the city and the sea, with each apartment following an open-plan design, adjoining onto spacious balconies offering views across Bondi and Botany Bay.



alisonwarters@gmail.com

Bondi Junction RSL Club build kicks off just as project completely sells out

HSN Property Group&rsquo;s Bondi Junction project, Ellipse is nearing completion, with the oval structure set to deliver a collection of apartments in one of Sydney&rsquo;s most sought-after locations.

Designed by nationally acclaimed Architect James Tonkin, in collaboration with award-winning Yvette Philips Interior Design, Ellipse comprises two and four-bedroom apartments, with master bedrooms equipped with an ensuite and private balcony, as well as internal laundries.

[smartcode_project:default project_id=109122 project_image_fid=200031]

With only four, two-bedroom apartments and one&nbsp;four-bedroom apartment remaining, three with custom linen-covered built in wardrobes, Ellipse has marked itself as a rarity in the suburb, with the project&nbsp;set to be the last building to be developed on Waverley Crescent.

1st City are handling the sales of Ellipse, with agent&nbsp;Yaron Foghel saying they&#39;ve seen mostly&nbsp;downsizes and young professional couples interested in the Bondi Junction project.

&quot;Most of the Bondi Junction developments are around Oxford Street,&quot; he said.

[smartcode_project:default project_id=109122 project_image_fid=200033]

&quot;Ellipse is closer to Woollahra and Bondi Beach where there are no high rises around and it&#39;s close by to a handful of parks, making it a very different and better location,&quot; Foghel added.&nbsp;&nbsp;

Following an&nbsp;open plan living, apartments open out to multiple balconies throughout the home, including a north-east facing balcony that captures city skyline aspects and water views.

Kitchens will feature a statement &lsquo;Statuario&rsquo; marble island bench, benchtops and splashback, complete with Wolf and Miele appliances and Sub-Zero fridge/freezers. Apartments come with two car spaces and storage, benefiting from lift level access as well as an entrance lobby.

[smartcode_project:default project_id=109122 project_image_fid=200036]

With a distinct curved fa&ccedil;ade made up of pre-cast concrete, the complimenting marble and natural tones throughout tie the building to its surrounds.

Crowning Ellipse is a shared rooftop space, decked out with a fire pit and seating areas, allowing residents to soak in the surrounding CBD and ocean views.

Landing on Waverly Crescent, residents are just minutes from a range of amenity, including the infamous Bondi Beach.

[smartcode_project:default project_id=109122 project_image_fid=200034]

&ldquo;The living possibilities are infinite at Ellipse Residences. You are only minutes away from everything you need, the beach, Westfield Bondi Junction, Sydney CBD, educational institutions, local conveniences, public transport, organic cafes, vibrant bars and restaurants,&rdquo; a HSN spokesperson said.

[smartcode_project_cta: project_id=109122]

Landing on Waverly Crescent, residents are just minutes from a range of amenity, including the infamous Bondi Beach.




Bondi Junction apartments, Ellipse, near completion 

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Suspended Edgecliff solicitor Mark O'Brien, who is being investigated over claims he misappropriated almost $6 million in trust money, has sold his Bondi Junction home.

O'Brien and wife Therese paid $3,425,000 for the home less than 12 months ago. It was mortgage free.

It sold after spending nearly three months on the market through Sydney Sotheby's agent Joseph Raskin, who didn't offer a price guidance.

Mark Leo O'Brien, who until recently worked at Edgecliff firm Harrington Maguire and O'Brien, has been suspended from practising after his business partner became wary of his ability to afford a $3.4 million Bondi Junction home.

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There was an application before Supreme Court by the Law Society of NSW applied to freeze the assets.

"Facts incidentally came to the attention of the solicitor's law partner who, knowing intimately the profitability of the practice, was set to wondering about how his law partner had been able to afford an expensive new house at Bondi," Justice Campbell said in an April 4 judgment.

The O'Briens offered to pay the net proceeds of the sale of the property to the Law Society.

This article was first published in the Sunday Telegraph.
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Suspended Edgecliff solicitor Mark O'Brien sells Bondi Junction home 

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The Sydney developer TWT Property Group has reportedly taken a majority stake in the $40 million amalgamated five-lot residential site including the Mill Hill Hotel at Bondi Junction (above) in Sydney's east.
TWT will develop the site at 59-69 Oxford Street, which comes with a development approval for a mixed residential/commercial project with 70 apartments with original owner, Allen Linz's Rebel Property Group, according to the Australian Financial Review.
It includes heritage conservation works for four commercial terraces at 63-69 Oxford Street. 
TWT and Rebel will develop the 12-storey residential tower with a ground floor public hotel and three levels of basement car parking as a full-equity project.
TWT is formerly known as Auswin TWT.
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jchancellor-FAypfDUnLy

TWT to JV with Allen Linz on Mill Hill Hotel, Bondi Junction redevelopment

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Bondi Rescue's Dean ‘Deano’ Gladstone has moved closer to work, selling in Randwick and buying at Bondi Junction.
Gladstone is a regular cast member of the long running award winning Channel 10 reality television show which takes place on Sydney’s iconic Bondi Beach.
The celebrity lifesaver and his wife Lilli sold for $2.1 million and paid $2.25 million for their unrenovated 1920s four bedroom purchase with rear pool.
They had bought the Randwick semi in 2008 for $1.04 million and have lived in the home with their two children Lucy and Gus.
The three bedroom King St semi sold through McGrath agent Mark McPherson who said the couple had renovated the home, giving it an open-plan kitchen and dining room that flows out to a courtyard.
The summer saw tensions break out on the sandy workplace when leaked documents showed malcontent over the reality TV sponsorship arrangements. 
This article was first published in the Sunday Telegraph.
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Bondi Rescue's Dean ‘Deano’ Gladstone buys in Bondi Junction

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A Bondi Junction apartment site permit-ready for a five level apartment building, has sold for around $9 million. 

The incoming developer intends to proceed with the approved project at 110-116 Bronte Road.

The Bureau SRH designed complex will contain 20 dwellings, two shops and basement parking at the corner of Bronte Rd and Porter St.

Cohen Handler development and commercial acquisitions director Tas Costi represented the purchaser

Metro Commercial’s Zorick Toltsan was the selling agent of the site known Metropolitan 2022.

The developer Three Chefs Hats had paid $4.9 million in 2015 for the site on delayed settlement terms that saw a 2017 settlement. The retail premises have been occupied by Worldwide Travel, Medani Bakery and Awaken Life Chiropractic.

It has previously brought projects to market at Rose Bay and Bellevue Hill.

The development application was first lodged in 2014 with the 110–116 Bronte Road application the subject of Land and Environment Court (LEC) appeal in 2017. 

The Waverley Council noted the determination of the appeal saw the LEC ensure compatibility with the current street character as well as the desired future street character as set by the WLEP2012 and the WDCP 2012.

The appeal for 110–116 Bronte Road was determined  by Commissioner O’Neill who noted the requested exceedance of the height of buildings development standard was not justifiable on the basis of the form and height of the nearby Waverley telephone exchange building, nor its corner position.

The one and two bedroom units were offered by Richardson and Wrench-Bondi Junction agent Andre Frack in 2018  when completion was expected for late 2020. 

The apartments that all come with 15 sqm terraces were initially prices from $945,000 for one-bedroom units spanning 50 sqm internally. They were priced to $1.19 million. 

The two-bedrooms have about 80 sqm of internal space answer listed for between $1.6 million and $1.9 million.

No new pricing intentions have yet emerged.
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The Bureau SRH designed complex will contain 20 dwellings, two shops and basement parking at the corner of Bronte Rd and Porter St.

jchancellor

Bondi Junction site with five level apartment development plans sells for around $9 million

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International model Julia Nobis hasn't strayed far from her Eastern Suburbs roots when buying her first Sydney home.
The Bondi-born model, who has been a familiar face on the international runways since walking for Calvin Klein in 2010, has recently settled on an apartment in Bondi Junction.
It's an investment for Nobis, who is constantly jetting off across the world.
She spends most of her time in New York. 
The 25 year old has been dubbed the most low-key Australian model, although she is arguably Australia's top high fashion international model.
Last year Nobis made the industry website The Business of Fashion's list of 500 influencers, alongside fellow Australian models Jordan Barrett and Miranda Kerr.
She's graced the cover of Vogue Italia three times and has previously been officially ranked third on the list of the world's top 50 models.
Nobis snapped up the apartment in a 1930s block in 20 days for $1,302,000, well before its scheduled auction.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/5/2/nobis2.jpg" alt="">
She secured a $900 a week tenant, reflecting a 3.5 percent rental yield.
The standout feature of the two bedroom apartment is the pet friendly outdoor space.
There's over 100 sqm of private outdoor area with a north-facing garden.
Robin Stein-Rostaing at Laing &amp; Simmons Bondi Junction sold the home. 
Nobis has always claimed her modeling came by chance. 
"Modelling never was my end goal," she told Sydney Confidential in 2014.
Discovered in 2009, Nobis has walked for Prada, Chanel, Dior, Burberry, Versace and Yves Saint Laurent to name a few.
The Rose Bay girl's pale skin and ethereal quality has seen her in international demand ever since she was discovered at the 389 bus stop in Bondi Junction wearing her school uniform.
This article was first published in the Sunday Telegraph.
 
 
 
 
 
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International fashion model Julia Nobis buys at Bondi Junction

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<div class="pop-up-list-section">The Jaycar Electronics, Bondi Junction premises are on the market again.</div>
<div class="pop-up-list-section"> </div>
<div class="pop-up-list-section">Jaycar recently renewed the lease until 2022 for the 125 Bronte Road premises.</div>
<div class="pop-up-list-section"> </div>
<div class="pop-up-list-section">They are a national tenant with 100 stores through Australia and New Zealand.</div>
<div class="pop-up-list-section"> </div>
<div class="pop-up-list-section">Jaycar have been at this location since 2006.</div>
<div class="pop-up-list-section"> </div>
<div class="pop-up-list-section">The site (pictured above) recently secured DA approval for a four level boarding house with 21 studio apartments.</div>
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It is set over 424 sqm.
The property currently has a net income of $217,350 pa + GST and a net lease with tenant paying 100% of all outgoings, as per lease with fixed 3.5% increases annually.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/4/Jaycar%202.jpg" alt="">
The corner has three street frontages (pictured above).
The property last sold for $2.04 million in 2014.
The auction is October 23.
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Jaycar, Bondi Junction premises listed with boarding house potential

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The Bondi Junction hotel leasehold has been listed for sale.
Set on the site of the former Mill Hill Hotel (pictured above), it is located within walking distance of Westfield Shopping Centre and the Bondi Junction Transport Interchange.
The allotment for the <a href="https://www.realcommercial.com.au/property-hotel+leisure-nsw-bondi+junction-502939378" target="_blank">59-69 Oxford Street, Bondi Junction</a> property (pictured below) is due for completion in 2019. 
<img src="https://www.urban.com.au/images/2018/10/24/Freehold%20BJ.JPG" alt="">
With a proposed internal floor area of 408 sqm and 10 serviced apartments located on the first floor, it is located just 4 km from Bondi Beach.
The property has been on the market for over 450 days and was listed just 5 months after the purchase was settled in early 2017.
The holding was sold for $20 million in 2017.
It is for sale through an expression of interest campaign run by HTL property.
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Leasehold hotel in Bondi Junction for sale

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<div>The Jaycar Electronics, Bondi Junction premises sold at auction this morning for $4,445,000.</div>
<div> </div>
<div>It was listed by a syndicate headed by Sam Brewer.</div>
<div> </div>
<div>Jaycar recently renewed the lease until 2022 for the 125 Bronte Road premises.</div>
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<div>They are a national tenant with 100 stores through Australia and New Zealand.</div>
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<div>Jaycar have been at this location since 2006, auctioneer David Scholes noted.</div>
<div> </div>
<div>The site (pictured above) recently secured DA approval for a four level boarding house with 21 studio apartments.</div>
<div>
It is set over 424 sqm.
The property currently has a net income of $217,350 pa + GST and a net lease with tenant paying 100% of all outgoings, as per lease with fixed 3.5% increases annually.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/4/Jaycar%202.jpg" alt="">
The corner has three street frontages (pictured above).
The property last sold for $2.04 million in 2014.
</div>
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