Shop 26/256 Arden Street Coogee NSW 2034

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.