For almost half a century the Rando Family have called Bondi Beach home.
The family bought into 148 Warners Avenue on Bondi Beach in 1969 for $37,000 and in September 2015 made the decision to put the house up for market.
This house is one of two freestanding houses left on Bondi Beach and the prime positioning is enough to make any surfer or property developer drool.
It is more than likely that the house, which is open to offers of and above $10 million, will be bought and razed for apartments. However, we think that this beautiful old house would make a lovely home with a bit of updating.
It is what is known as a Californian bungalow and has a 12 metre frontage that runs along the beach. Ballard Property agent, Mark Lowe, said “Walking into the house is like walking back in time,” he says. “It’s like being in a museum or an antiques’ store.”
Owner’s son Bart Rando said “It would be nice for the house to stay as a single home, and it could be a lovely home, but I guess that’s up to the buyer.”
The house has 2C1 zoning for medium and high-density residential housing which will probably mean that apartments will be on this properties future to achieve a high return on investment for the developer.
Even when looking at prospective investment properties, it is crucial to get a building and pest inspection prior to purchase to ensure that the structure is sound and the property’s condition reflects the price.