4/326 Bondi Road, Bondi NSW 2026

Ground-floor garden apartment | north-easterly ocean glimpses | private landscaped courtyard | boutique Art Deco block of four | 500m to Bondi Beach. This property’s principal strength is its scarcity: a ground-floor two-bedroom apartment with a private, landscaped garden in a tranquil, four-residence block directly proximate to Bondi Beach. The north-easterly aspect and windows on three sides deliver exceptional light and ventilation, rare for apartments in this location, while the flexible floorplan and adjoining sunroom cater to the growing demand for hybrid living spaces. This configuration serves the owner-occupier seeking a permanent coastal lifestyle or a long-term hold, offering a quiet, low-density alternative to the suburb’s typical modern, high-density stock. Its position behind a deep front garden ensures privacy, and the walkable amenity profile locks in enduring demand. The decision hinges on pricing against internal comparables and the cost of undefined finishes within an older building. The most recent sale within the block, Unit 2, achieved $1,955,000 in October 2025, setting a direct benchmark; this unit last sold for $1,200,000 in May 2018, indicating significant equity growth but also establishing a high base for negotiation. The absence of on-site parking, while common, will constrain resale to a specific buyer segment and must be discounted against garden-inclusive offerings. Proceed with a building inspection to quantify potential maintenance liabilities inherent in a pre-1950s structure, and leverage the lack of recent sales to negotiate below the 2025 benchmark. This is a hold property for a buyer who values outdoor space and character over modern conveniences, with its commercial logic rooted in the irreplaceable land component of its private garden.