Sinclairs Bondi up for auction up for auction with residential conversion potential

Sinclairs Bondi up for auction up for auction with residential conversion potential
Joel RobinsonDecember 8, 2020

The former three star hotel Bondi Sinclairs has been listed for auction.

The 24 room boarding house at 11 Bennett Street in Bondi is being marketed by CBRE's Paul Grasso as being potentially suitable to be converted in to residential apartments.

Set on a 505 sqm block, the three level block has ocean views from the elevated floors.

It last traded for $2.8 million in 2004, and has previously been around $90 a night to book a room, some which come with their own private bathrooms.

The building is going under the hammer October 13 and is being offered with vacant possession. 

 

    

 

 

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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