501/10 Jaques Avenue, Bondi Beach NSW 2026

Bondi frontage | first sale in 23 years | flood overlay active | high-rise strata risk | renter-heavy zone The core decision rests on the floor risk: a flood overlay at 2225sqm strata lifts insurance and special levy costs, compressing net rental yield below the 3.82% estimate. The single open car space and top-floor position partially offset this, reducing weather exposure and adding noise-control value. Buyers should treat this as a lifestyle-prime hold, not a cash-flow optimiser. The competitive moat is the 2003 off-the-plan original ownership—this unit avoids resale discounting from multiple flips. Its 5th-floor balcony and built-in robes in a renter-dense (45%) Bondi building give it scarcity for owner-occupiers, especially investors targeting low-turnover vacancy. This suits a buyer prioritising beach adjacency with a 10-year+ horizon, not speculative flipping. Book a strata inspection for the 2225sqm plot’s sinking fund statement and confirm the flood overlay’s insurance premium history—then decide if the yield floor supports your capital.