4/29 Beach Road, Bondi Beach NSW 2026

Prime North Bondi position | boutique block under 10 units | 76sqm internal with renovation potential | strong rental yield above $1,100pw This unit sits in a tightly held pocket where supply is structurally constrained. The 76sqm internal footprint is generous for a two-bedroom apartment in this precinct, and the plantation shutters, gas kitchen, and internal laundry give it a liveable layout that appeals to both owner-occupiers and investors. The 310sqm strata lot is unusually large for a unit, which may offer future capital uplift if the building or lot is redeveloped. The property serves best a buyer who values walk-to-sand convenience and wants a solid rental hold with scope to improve the interior finish and extract a premium. The main risk is the 70% rental composition on the street, which can affect lending appetite and owner-occupier demand. The current guide of $1.5m sits well below the property.com.au estimate of $1.757m, but the nearby comparable at 4 Beach Road suggests a softer band of $1.35m–$1.62m, so the final price depends on auction turnout. No parking is a limitation for families but less so for downsizers or investors. The opportunity is to secure at or near the guide and add value through a kitchen refresh or study conversion. Hold for rental income and medium-term capital gain, not short-term flip.