109 Denison Street, Bondi Junction NSW 2022

| 117m² terrace | 600m to station and Westfield | Woollahra Public School catchment | Scope to extend subject to council | The property holds a competitive position through its combination of a 117m² land holding, a circa 1900 terrace form, and a location 600 metres from both Bondi Junction station and Westfield, placing it within a high-demand, low-supply corridor in the eastern suburbs. Its dual living and dining rooms, deep sunny courtyard, and the presence of a rumpus room offer immediate liveability for a professional couple or small family, while the school catchment for Woollahra Public School adds a demographic layer that supports future resale demand. The heritage overlay and scope to extend, subject to council approval, represent the primary structural advantage for a buyer seeking to unlock latent value through a rear addition or renovation, effectively converting a character home into a longer-term family proposition in a tightly held pocket. The primary risk is the absence of dedicated off-street parking, which may narrow the buyer pool to those willing to rely on two resident permits in a beach permit zone, and the 117m² land size limits the scale of any extension without a clear design strategy. The heritage overlay introduces approval costs and design constraints that must be factored into the renovation budget, and the 31-year hold period for the last owner indicates limited recent transaction evidence for pricing guidance. The commercial logic is to acquire for immediate occupation, then execute a rear extension or internal reconfiguration to lift the floor area and bedroom count, aligning the property with the premium segment of the terrace market. Hold for a minimum of five to seven years, or renovate and sell into the next upswing.