Laing and Simmons Commercial are please to offer shop 26, 256 Carr St, Coogee for sale by public auction.
Smack bang in the heart of Coogee and a stone's throw from the beach, this ground-floor property presents an absolute blue-ribbon commercial investment opportunity.
Boasting double frontage (two separate shops) in a densely populated neighbourhood benefiting from maximum exposure and high pedestrian traffic, this really is one of the jewels in Coogee's crown.
Currently occupied by a popular coffee shop and successful laundromat business, both have new 5-year leases in place with a combined nett return of $100K per annum plus GST.
A landmark location with bus stop out front and world famous Coogee Beach virtually across the road, it's also surrounded by a range of accommodation providers including Coogee View and Crowne Plaza along with a myriad of shops, bars and restaurants.
THE OTHER BITS
• Two new leases in places for 5 years
• Current net income $100,000 per annum plus GST
• B2 Zoning
• Total building area approx 64sqm
• Strata titled
• Double store frontage
• Long-term value-adding potential
THE FINAL WORD
A rare opportunity to secure your investment future in one of Sydney's landmark locations.
