Step Inside Bondi Beach's Coolest New Address
As the Australian property market continues to skyrocket with 70% of suburbs nationwide boasting a median house price over $1 million, buying where you can afford and renting where you want to live is becoming a common strategy for young investors—unless, of course, you’re a millionaire. This rings especially true for Sydneysiders, as seven of the top 10 most expensive suburbs in the country are located in the harbour city.
As result of these hefty property price tags, there is now a demand for premium yet affordable rental properties for the Sydney locals not wanting to compromise their lifestyle in return for entering the property game. Enter: The Drift, Bondi Beach’s newest development offering luxury-meets-cool rental apartments in one of the Bondi’s—and the city’s—most desirable locations.
The 16-apartment enclave is located just a stone’s throw from one of the world’s most famous beaches and is home to one- and two-bedroom apartments that boast a design-led, world-class fit-out. Think Smeg appliances, state-of-the-art technology, and surfboard storage on each level—yes, please!
“The idea of brand new rental apartments came from the demand of young professionals wanting to live in Sydney’s hippest suburbs, yet are limited to older-run down buildings and rejected investment properties. The Drift offers a premium long-term solution in Sydney’s housing market.” said Byron Rose, CEO and co-founder of Rose & Jones.
Our hot top? Get in quick. Because, #rentinggoals. Scroll down to tour Bondi Beach’s coolest new address.
The Drift will be open to lease by Rose & Jones on the 20th of August with a price guide of $800 per week. Not in the market for a new rental? Get the look below.