Below is a 1971 newspaper advertisement for the "El O'Livio" at Tamarama. It was advertised as located in Bondi. Two and three-bedroom apartments were on offer from $22 000, which would be equivalent to one spending $291 500 today (RBA Inflation Calculator).
Source: Parkes Sales Pty. Ltd. 1971. "El O'Livio" ( Advertisement). The Daily Telegraph, June 5: 42.
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