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173 Arden Street, Coogee NSW 2034

Apartment
66

A Landmark Mixed Use Beachside Investment

Unique to the market, this Mixed Use freehold property is offered for sale in one line presenting an incredible landbank asset in the heart of Coogee's iconic beachside dining and retail precinct. Featuring a prominent high-exposure setting with dual street frontage, the three-storey shop top property comprises six apartments and five commercial/retail suites offering a prime investment opportunity with scope to retain as a high-yielding passive income earner with a future upside. In the heart of the action, footsteps to the sand and surf, this is a rare chance to secure a piece of prime real estate in a lively enclave renowned one of the east's most popular surfside locales around the corner from Coogee Pavilion. With high rental demand and established retail tenants in place, this is an unprecedented opportunity to secure an entire block in a world-class location.

+ Significant corner site in an unbeatable beachside setting
+ Entire freehold 3-storey commercial/residential block
+ 6 x one bedroom plus sunroom upper level apartments
+ 5 x high visibility retail spaces, established tenants in place
+ Additional frontage to the cul-de-sac end of Dolphin St
+ Prime landbank, ideal for the investor or SMSF buyer
+ Strong rental yields and superb capital growth potential
+ Immediate asset with an excellent steady income stream
+ Unlock the potential STCA or retain as a solid investment
+ Prominent high exposure setting, 100m to Coogee Beach



Features include: Study

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Key details

Bedrooms:
6
Bathrooms:
6
Property type:
Apartment

Other Details

Century 21 Feller Taylor Freund

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Property history

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Coogee suburb information

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SummaryMedian sales
Average Age
35 years
Population
14,634
Listing ID: 181985245. This listing has been viewed 171 times. It was first displayed on 09/10/2023 and last updated on 13/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.