1/9 Roscoe Street, Bondi Beach NSW 2026

3-bedroom unit in a beachside block | 529sqm land holding | planning approval for substantial works | strong rental demand in a tight market The buying case centres on the rare combination of a three-bedroom unit sitting on a substantial 529sqm parcel in Bondi Beach. A planning application for demolition, additions and a swimming pool is already lodged, which signals potential for significant value uplift through renovation or reconfiguration. The property sits within the catchment for Bellevue Hill Public School and Rose Bay Secondary College, adding appeal for owner-occupiers seeking long-term family use in a coastal setting. Rental demand is demonstrated by a clear upward trend in achieved weekly rents, which supports investor confidence in the area’s tight market. The main constraint is that the property is not currently listed for sale, so price expectations remain unresolved and cannot be relied on from the visible evidence alone. The planning approval’s feasibility and any associated conditions require verification before confidence can be formed in the development potential. Until the vendor’s motivation and the precise scope of works permitted under PAN-608926 are clarified, the property’s true value as either a renovation project or a buy-and-hold proposition remains uncertain.