CBRE as the exclusive listing agent is pleased to present to the market, 130-132 Coogee Bay Road, Coogee, a well positioned land parcel in the heart of Coogee, one of Sydney's most prestigious and popular beachside suburbs.
130-132 Coogee Bay Road, Coogee benefits from the following key attributes:
- Sizable land parcel of 600.7sqm* prime for development
-High vehicular and pedestrian traffic on Coogee Bay Road Retail Strip
- Combined dual frontage of 29.88m* to Powell Lane and Coogee Bay Road enabling ease of access for future development
- Current improvements include a vacant shop top with 2 x ground floor retail shops, 4 x 2-bedroom apartments with 4 x singluar lockup garages, providing an estimated fully leased market income of 114,920p.a*
- Favourable planning controls in the form of E1 Local Centre zoning, 1.5:1 FSR and 12m Height of Building Limit
- Permissible GFA of 901.7sqm* (STCA)
- Ideally positioned within proximity of iconic venues, including Coogee Bay Hotel, Coogee Pavilion, Crown Plaza Coogee and Coogee Beach
- Offering expansive ocean views
For more information, to arrange an inspection or to request access to the due diligence room, please contact the exclusive selling agents.
*approx
Outline and Labels Indicative