41/48-50 Military Road North Bondi NSW 2026
41/48-50 Military Road North Bondi NSW 2026
2 bed apartment in Riviera building |Walk to Bondi Beach |Est value $1.5m |Auction guide $1.4m|This two-bedroom apartment with one bathroom and secure parking in a lift-access block suits downsizers or investors drawn to coastal walk-up convenience. Positioned on Military Road where beach access meets village buzz, it delivers practical living through its combined living-dining space opening to a balcony that captures sea breezes. The large lock-up garage with storage adds rare utility in this strata-dense street of similar apartments sharing a 1823sqm lot. Recent renovations noted in listings suggest it’s move-in ready, appealing to buyers avoiding full renos amid tight supply. In North Bondi’s apartment market, two-beds like this hold steady, with estimates around $1.5m reflecting proximity to Bondi Beach Public and strong rental yields near $1200pw. It fits neatly among Riviera peers, offering shared roof deck views that enhance lifestyle without house-sized upkeep. Buyers here skew professional couples or retirees valuing low-maintenance beachside entry over larger homes. Market data shows these units resell reliably, buoyed by school catchments and transport links. Long-term, its location ensures holding value as coastal demand persists, even if broader strata growth moderates.
Detailed Independent Property Report prepared by PropCred Analyst team for 41/48-50 Military Road North Bondi NSW 2026
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
North Bondi sits at the premium end of the Bondi market, with demand driven by affluent lifestyle buyers and investors. Supply is extremely limited, particularly for houses. The suburb benefits from global appeal and beach proximity. Rental demand is strong, including short-term accommodation. Price growth is strong and consistently above average.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
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