$7,500,000

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
[email protected]