Fully Renovated Bondi Terrace Secured for an Executive Family

EASTERN SUBURBS | $5M-$7M
Written By Billy Gleeson – Founder & Director

▉ REGION: EASTERN BEACHES
▉ CLIENT: EXECUTIVE FAMILY
▉ BUDGET: $5M-$7M

 

Fully Renovated Bondi Terrace

Background

Our clients — a relocating executive family — were seeking a premium home in Sydney’s eastern suburbs that balanced lifestyle, convenience, and long-term liveability. Their brief focused on securing a fully renovated, character-filled terrace within walking distance to Bondi Beach. The property needed to provide functional space, privacy, and minimal immediate maintenance, allowing the family to settle quickly into their new routine.

A high-quality renovated terrace in Bondi was identified as the ideal fit, offering both architectural appeal and proximity to schools, transport, and coastal amenities.

Strategy

To secure the right home within a timeframe that suited the family’s relocation plans, our strategy centred on:

  • Accessing pre-market and early-release listings through trusted agent relationships in the Bondi/Bronte precinct.

  • Completing a detailed assessment of terrace sales to determine fair market value and ensure the property represented strong long-term fundamentals.

  • Evaluating suitability for family use — layout functionality, outdoor space, security, natural light, and renovation quality.

  • Presenting our clients as committed, decisive buyers to strengthen our position in any negotiation.

  • Moving efficiently through due diligence so we could act ahead of competing interest.

This approach ensured we were prepared to secure the property as soon as the right opportunity emerged.

Challenges

The search for a fully renovated terrace suitable for a family came with several market challenges:

  • Genuine scarcity of renovated terraces within walking distance of Bondi Beach.

  • High demand from owner-occupiers, particularly families and professionals seeking lifestyle locations.

  • Strong price expectations driven by recent premium sales in tightly held Bondi pockets.

  • Risk of competitive bidding had the property moved to auction.

Navigating these pressures required constant communication with agents, swift due diligence, and a precise understanding of value.

Outcomes

  • Terrace secured prior to auction, avoiding competitive bidding and reducing market exposure.

  • Purchase represented strong value relative to comparable renovated homes within the Bondi/Bronte corridor.

  • Key features that supported the family brief included:

    • 3 bedrooms

    • 2 bathrooms

    • Thoughtful architect-designed renovation marrying luxury with functionality

    • North-facing courtyard ideal for children and entertaining

    • Walkability to Bondi Beach, transport links, parks, and family-friendly amenities

  • The home provided an immediate, move-in-ready solution, allowing the family to transition seamlessly into the area.

  • A long-term lifestyle asset in a blue-chip coastal suburb with enduring demand from families and professionals.

 
Billy Gleeson – Founder & Director

A Lower North Shore resident of over 20 years, Billy Gleeson is considered one of the North Shore’s pre-eminent and most respected buyers agents, bringing a passion and energy for real estate to Webb & Gleeson Buyers Agency.

With more than 5 years experience in the North Shore real estate market, Billy has facilitated the purchase of some of the region’s most prestigious homes, including a $20m estate in the Lower North Shore and $17.4m architectural residence in Mosman.

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