12/22-24 Military Road, North Bondi NSW 2026

Large strata lot opposite golf course | Recently updated two-bedroom | Auction scheduled | Moments from Bondi Beach This unit presents a rare configuration for the Bondi market, where its strata entitlement over a 1085 square metre land parcel is a structural advantage not found in typical apartment offerings. The positioning opposite the golf course secures permanent northern aspect and light, while the recent internal updates position it as a modern, low-maintenance coastal residence. It serves the downsizer or professional couple seeking a lock-and-leave lifestyle within immediate proximity to the beach, with the unusually large underlying land share providing a fundamental point of differentiation and long-term scarcity value that underpins capital stability. Proceed with the disciplined acknowledgment that the 2004 last sale date obscures precise price discovery, placing full reliance on the upcoming auction to test the vendor’s $1.66 million estimate against current demand. The scheduled modifications at nearby properties indicate an active, upgrading neighbourhood but impose no direct risk. Your commercial logic is to acquire based on the land-backed strata anomaly and location, not the finishes. This is a long-term hold; its value trajectory will be driven by its land component and position, not rental yield, which remains an untested variable in this specific case.