173-177 Coogee Bay Road Coogee NSW 2034

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