News

Salvatore Malatesta sells block in North Bondi

By Phillip Elmowy

COFFEE king Salvatore Malatesta has sold a North Bondi residential apartment block for $3.82 million.

The syndicate proceeds are set to fund a hotel development in Melbourne.

The recently married entrepreneur also launched his coffee brand partnership, Sensory Lab, in David Jones Bondi Junction this past week.

The Blair Street property comprises four one-bedroom apartments and a butcher tenancy.

Ray White agent Phillip Elmowy sold the property in conjunction with CBRE’s Michael Khouri. It last traded for $1.66 million in 2008.

Read more: https://www.realestate.com.au/news/salvatore-malatesta-sells-block-in-north-bondi/

Up to Date

Latest News

  • Renovating Investment Homes vs. Forever Homes

    A concept is like a theme, a feeling, a look, a style. When selecting one for your renovation, choose what you connect with – choose a style that you love, and you’ll always love it. Investment home vs forever home: Identify your market: When it comes to investment properties, … Read more

    Read Full Post

  • Whats the benefit of having more green in our home!?

    Why we should all have more plants in our life & our home!? As more of us live the urban life, greening up has become a vital wellbeing issue. Think about it: from the house to the car to the office and back again, how much nature did you get … Read more

    Read Full Post