CBRE and Ray White Commercial Sydney City Fringe are delighted to exclusively present 173-177 Coogee Bay Road, Coogee, a premium investment opportunity situated along Coogee’s most desirable throughfare. Comprising 2 x 1-bed, 5 x 2-bed, 1 x 3-bed apartments and 2 ground floor commercial retail spaces.

173-177 Coogee Bay Road offers the opportunity to add value, refurbish, revert to market rent, strata title and sell down or hold as a secure investment.

173-177 Coogee Bay Road, Coogee benefits from the following key attributes:

• Comprising 2 x 1-bed, 5 x 2-bed, 1 x 3-bedroom apartments as well as 2 ground floor commercial retail spaces all to be sold in-one-line.
• Internal area of 632.4sqm* on a 490sqm* land area centrally positioned in Coogee.
• Secure mixed use apartment block investment with high potential gross market income
• Opportunity to add value, refurbish, revert to market rent, strata title and sell down or hold as a secure investment.
• Ideally positioned in the heart of Coogee within walking distance to iconic amenities including Coogee Beach, Coogee Bay Hotel, Coogee Pavilion and Crown Plaza Coogee
• The property apartments enjoy breath-taking views over Coogee Beach with an abundance of natural lighting and cross ventilation throughout.
• The property shares a sun-drenched terrace above the commercial suite and rear courtyard.
• Set to capitalise on the Eastern Suburb’s lucrative residential market with a vacancy rate of 0.7% in Coogee.

173 – 177 Coogee Bay Road, Coogee will be sold via Public Auction on Tuesday, 28th November 2023 at 10:30am (AEDT). (Registration, online bidding and livestream available)

For more information, to arrange an inspection or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx
Source:Sqmresearch.com.au