Auction

Ground Floor, Shop 1, 68 Gould Street, Bondi Beach

AUCTION

Auction details

Auction

Tuesday 15 April, 10:30 AM

RARE GOULD STREET RETAIL INVESTMENT

1.    Blue chip NYSE listed tenant
2.    Tightly held Gould Street
3.    Strong growth location
 
Metro Commercial, together with Mercer Property , is proud to present Lot 23/68 Gould Street, Bondi Beach, for sale via public auction.
 
This exceptional retail investment, positioned in the heart of Bondi Beach, adjoining well known PACIFIC Bondi, is securely leased to global beauty giant Estee Lauder until 2028. Offering both stability and strong growth potential, it presents a rare opportunity for investors and future owner-occupiers to secure a foothold in one of Australia's most iconic locations.
 
Bondi Beach is a world-renowned destination, famous for its breathtaking surf, vibrant hospitality scene, and diverse retail landscape. Drawing over 3 million visitors annually, it remains a hotspot for both locals and tourists alike.
 
Property highlights
 
- NYSE listed tenant - Estee Lauder (t/a Le Labo)
- Current Net Income of $194,551.18 + GST
- 5-year lease, expiring 2028 
- Total strata area 135sqm including storage & car space
- Highly sought-after street for retail in Bondi
- Strong annual increases of 4%
 
Method of Sale:
Public Auction.
 
Auction Venue:
The auction will be held by Auction Works, Mezzanine level, 50 Margaret Street, Sydney.
 
Auction Date:
Tuesday 15th April 2025. The auctions will be commencing at 10:30 am (AEDT).
 
Inspection Times:
By appointment with the agents.
 
A comprehensive Information Memorandum & Sale Contract can be made available through the exclusive agents.
 

Mercer Property 
Tom Speakman: 0412 891 330
Dillon Frain: 0416 867 155

Details

Address Ground Floor, Shop 1, 68 Gould Street, Bondi Beach
Price AUCTION
Property Type Commercial
Property ID 2337
Category Retail

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