A striking art-deco block of four apartments located just 300 metres from the sand at Bondi Beach has sold at auction, with buyers receiving the site’s existing development approval for significant alterations and an extra floor.
The property at 34A Francis Street was marketed for its redevelopment potential and prime coastal location, illustrating how older residential buildings in tightly held beachside suburbs are attracting interest from developers and investors.
Sale details and property highlights
The building was listed on the site of the sale records as comprising four two-bedroom apartments, land area 463 square metres, and an internal floor area of about 308 square metres.
It sold on 18 September 2025 at auction, with the listing stating “DA Approval for re-configuration” and on-site parking for three vehicles. The marketing emphasised its elevated position on a quiet residential street, yet within walking distance of Bondi’s lifestyle precinct and beachfront access.
Existing approval and zoning context
According to minutes from the Waverley Local Planning Panel, the property (alternate address 43A Denham Street) holds DA-118/2018 for alterations and additions to the residential flat building.
The listing confirms the building is zoned R3 High-Density Residential under Waverley Council, which allows redevelopment opportunities subject to consent. While the current approval covers residential alterations, any change of use would require a separate application.
Agents involved in the sale noted that compact, well-located holdings with redevelopment potential remain highly sought after in Bondi Beach.
Published 22-Oct-2025
