A great investment property is underpinned by a great location and lifestyle making Bondi Beach one of the best markets in the eastern suburbs to park your cash in bricks and mortar. Our Bondi specialist Charlie Beaumont has two beautifully renovated two-bedroom apartments for sale that make ideal turnkey investments for those seeking passive income stream as well as offering ideal move-in-ready beachside homes for buyers keen for a lifestyle upgrade.

With the sand and surf at the end of the street, 4/21 Beach Road, Bondi Beach is set on the north-east corner of a beautifully upgraded Art Deco block. A rare opportunity to buy in the tightly held block of six, the two-bedroom apartment captures the spirit of Bondi with its fresh coastal aesthetic and vintage appeal. On the other side of the beach, 1/20 Hardy Street, North Bondi has been conceived as a dreamy coastal retreat with a spacious 80sqm layout and undercover parking just up from Shuk Bondi and an easy walk down to the beach action.

Charlie says, “Both apartments hold key locations in the heart of Bondi and with summer on the way there’s no better time to buy in Sydney’s hottest beachside village. The Hardy Street apartment offers a rental yield of about 4.6% pa while Beach Road would earn a return of about 5.3% pa with nothing more to do. Great layouts, quality renovations and prime locations make both also ideal for the young couple or downsizer who wants to live a relaxed beach lifestyle.”

Of course, Bondi is not the only beachside suburb that’s high on the wish-list of tenants and we have some great apartments that will hit the mark thanks to their proximity to beaches and the city. First up, and one that won’t break the bank, is 3/28 Kidman Street, Coogee which is a gorgeous little beach pad just 450m to Coogee Beach and comes with a buyer’s guide of $550K which would be ideal as an investment or first home. Around the corner, 6/36 Coogee Bay Road, Coogee is perfectly positioned between the beach and Randwick town centre just 500m to the light rail and The Spot’s alfresco dining hub and comes with sweeping valley views, a lock-up garage and a buyer’s guide of $850K.

Those looking to invest in Kensington, a high-growth inner-east suburb undergoing significant development, should check out Tristan Oddi’s listing a 7/22-23 Anzac Parade, Kensington. Set high in The Terrace, a well-maintained security block with the light rail at the doorstep, the renovated two-bedroom apartment is within easy reach of the city, Centennial Park, Royal Randwick Racecourse and UNSW assuring excellent rental demand and comes with a buyer’s guide of $875K. All of these apartments will be open for inspection tomorrow, so please click on the links for full details or call the agent for more information.