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224 Rainbow Street
Coogee NSW 2034
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224 Rainbow Street Coogee NSW 2034

  • Other
  • 557 m²
  • For Sale, Contact Agent

PREMIUM EASTERN SUBURBS APARTMENT BLOCK INVESTMENT

  • 6 x 2-bedroom units
  • Proximity to Coogee's Iconic Venues
  • Add Value, Revert Rent, Strata Title

CBRE, as the exclusive listing agent is pleased to present to the market, 224 Rainbow Street, Coogee. A rare opportunity to secure a premium investment in Sydney's exclusive Eastern Suburbs.

224 Rainbow Street, Coogee benefits from the following key attributes:

- 6 x 2-bedroom residential units, each benefitting from secure lockup garages
- Significant 453sqm* land offering and 557sqm* internal area with flexible R3 Medium Density Residential zoning
- FSR 0.9 : 1 & Height limit of 12m
- Premium investment opportunity in Sydney's exclusive Eastern Suburbs and the ability to capitalise on the Eastern Suburbs's lucrative residential market with a vacancy rate of 1.6%*
- Opportunity to add value, refurbish, revert to market rent, strata title and sell down or hold as a secure investment.
- Ideally positioned within proximity of iconic venues, including Coogee Bay Hotel, Coogee Pavilion, Crown Plaza Coogee and Coogee Beach
- Offering expansive views with a large influx of natural light and cross-ventilation

224 Rainbow Street, Coogee will be offered for sale via an Expression of Interest campaign, closing Thursday, February 29th 2024 at 4:00pm (AEDT)

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

Property Highlights

Floor Area557 m²
Land Area453 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019013606
Category
Last updated  5 Feb 2024
Map for 224 Rainbow Street Coogee NSW 2034

Nearest transport* to 224 Rainbow Street Coogee NSW 2034

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Property Highlights

Floor Area557 m²
Land Area453 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019013606
Category
Last updated  5 Feb 2024
Level 21/363 George St Sydney NSW 2000

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