Coogee 173 Arden Street

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

Property Information

• Land area approx 220sqm