169 Brook Street, Coogee, NSW 2034

First time offered in 48 years, a fantastic opportunity to purchase a boutique block of three x 2-bedroom apartments, plus three lock-up garages.

Located just minutes from Coogee Beach on the corner of Brook and Rainbow Streets, the generous 523 sqm block of land has a near 20m frontage to Brook Street and a return frontage to Rainbow Street of more than 27m.
 
As you would expect, all the apartments are currently rented, but a shrewd investor or developer would take the opportunity to modernise the whole of the property, or even consider converting it into a single, prestige home (STCA)
 
The property is a short walk away from Arden Street for access to shops, cafes and public transport, with proximity to excellent schools and buses to the city. It’s also just minutes to Coogee’s main shops and restaurants, with Randwick, Centennial Parklands and Bondi Junction all within easy reach from this prime location. The property is in the catchment area for South Coogee Public School.
 
•             Deceased Estate
•             Renovate, Rebuild or land bank
•             Existing 2 storey building with 3 x 2 bedroom apartments
•             3 x lock up garages
•             523 sqm land size
•             Tightly held location
•             Significant frontage to both Brook Street and Rainbow Street
•             Short walk to beach
•             Close to all amenities
•             Move in right away while you plan