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Retail

217-221 Coogee Bay Road Coogee, NSW 2034

Sold for $7,500,000 on 12 Apr 2022Floorplan
  • Building/Land: 589m²
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Retail in Coogee

EASTERN SUBURBS 'JEWEL IN THE CROWN' - COOGEE BEACH FREEHOLD

  • Building/Land: 589m²

Ray White Park Coast East as the Exclusive selling agents are pleased to present for the first time in 35 years 217-221 Coogee Bay Road, Coogee.

The property presents a rare opportunity to own one of the largest land holdings on prominent Coogee Bay Road, approx. 589sqm. Property consists of 2 retail shops as well as 3 x 2 Bedroom units and 1 x 1 Bedroom. The units have been recently refurbished. A true gem for the astute investor, land banker and potential developer (STCA).

Key Features:

  • Income (approx) $417,100 + GST PA Gross
  • Rarely offered large land parcel 589 sqm (approx)
  • Only 150m from Coogee Beach
  • Established Retail tenants Cargo and Mogo Mogo
  • Residential units recently refurbished
  • 12.5m (approx) frontage
  • Potential to redevelop and uplift (STCA)

AUCTION
Tuesday, April 12th at 10:30am
Auction Works, Mezzanine Level, 50 Margaret St Sydney

CONTACT
Mark Fragias
0410 435 100
mark.fragias@raywhite.com

Building:

589m²

Land:

589m² / 0.15 acres

Tenancy:

Tenanted

217-221 Coogee Bay Road, Coogee, NSW 2034