Ray White Commercial (SC) is pleased to present to market for the first time in over 55 years, 195-197 Coogee Bay Road, Coogee. Located in the heart of one of Sydney's most bustling beach side retail strips. This prime investment opportunity will be offered for sale via Expression of Interest.
This asset features a rare freehold block of 9 fully leased apartments. Benefiting from an unrivalled position just moments from Coogee Beach, the property ensures historically low vacancy rates and consistent tenant demand. Additionally, the property offers significant future value-add potential through rental reversion, refurbishment, or strata subdivision.
Situated in the highly sought-after coastal enclave of Coogee, renowned for its relaxed beachside atmosphere and premium lifestyle amenities. The precinct serves as a major retail and dining hub, which is set to be further enhanced by the recently approved Coogee Bay Hotel redevelopment. Valued at approximately $111m, the planned development includes a new retail laneway, upgraded hotel facilities, and luxury shop-top housing, cementing Coogee's status as a premier destination, driving long term capital appreciation for neighbouring freehold assets.
Additional highlights of the asset include:
• Rare freehold investment opportunity consisting of 9 x 1-Bedroom, 1-Bathroom fully leased apartments
• On offer for the first time in over 55 years
• Versatile E1 - Local Centre zoning
• Situated in the heart of Sydney's "second busiest beach"
• Capatalise on the lucrative residential market with this premium blue chip coastal investment opportunity in Sydney's exclusive Coogee suburb. This location benefits from a low vacancy rate of just 0.8%^
• Coogee: a prestigious beachside suburb located in Sydney's Eastern Suburbs, boasting a median household income that is 69%** higher than the Greater Sydney average
• Substantial $111m capital injection via the Coogee Bay Hotel planned redevelopment set to revitalise the immediate area
• Significant value add potential with rental reversion
• Ideally positioned along the busy retail strip of Coogee Bay Road
• Strategically positioned in proximity to iconic venues, including the Coogee Bay Hotel, Coogee Pavilion, InterContinental Sydney - Coogee Beach and Coogee Beach
195-197 Coogee Bay Road, Coogee is offered for sale via Expression of Interest closing on Thursday, 26th February 2026 at 3pm (AEDT) unless sold prior.
For further information, please contact the exclusive selling agents below.
* Approximately
**Profile i.d
^SQM Research Total Vacancy for postcode 2034 as at October 2025
Remember to mention you found this property on CommercialReady
Ray White Commercial (SC) is pleased to present to market for the first time in over 55 years, 195-197 Coogee Bay Road, Coogee. Located in the heart of one of Sydney's most bustling beach side retail strips. This prime investment opportunity will be offered for sale via Expression of Interest.
This asset features a rare freehold block of 9 fully leased apartments. Benefiting from an unrivalled position just moments from Coogee Beach, the property ensures historically low vacancy rates and consistent tenant demand. Additionally, the property offers significant future value-add potential through rental reversion, refurbishment, or strata subdivision.
Situated in the highly sought-after coastal enclave of Coogee, renowned for its relaxed beachside atmosphere and premium lifestyle amenities. The precinct serves as a major retail and dining hub, which is set to be further enhanced by the recently approved Coogee Bay Hotel redevelopment. Valued at approximately $111m, the planned development includes a new retail laneway, upgraded hotel facilities, and luxury shop-top housing, cementing Coogee's status as a premier destination, driving long term capital appreciation for neighbouring freehold assets.
Additional highlights of the asset include:
• Rare freehold investment opportunity consisting of 9 x 1-Bedroom, 1-Bathroom fully leased apartments
• On offer for the first time in over 55 years
• Versatile E1 - Local Centre zoning
• Situated in the heart of Sydney's "second busiest beach"
• Capatalise on the lucrative residential market with this premium blue chip coastal investment opportunity in Sydney's exclusive Coogee suburb. This location benefits from a low vacancy rate of just 0.8%^
• Coogee: a prestigious beachside suburb located in Sydney's Eastern Suburbs, boasting a median household income that is 69%** higher than the Greater Sydney average
• Substantial $111m capital injection via the Coogee Bay Hotel planned redevelopment set to revitalise the immediate area
• Significant value add potential with rental reversion
• Ideally positioned along the busy retail strip of Coogee Bay Road
• Strategically positioned in proximity to iconic venues, including the Coogee Bay Hotel, Coogee Pavilion, InterContinental Sydney - Coogee Beach and Coogee Beach
195-197 Coogee Bay Road, Coogee is offered for sale via Expression of Interest closing on Thursday, 26th February 2026 at 3pm (AEDT) unless sold prior.
For further information, please contact the exclusive selling agents below.
* Approximately
**Profile i.d
^SQM Research Total Vacancy for postcode 2034 as at October 2025
Remember to mention you found this property on CommercialReady
195-197 Coogee Bay Road, Coogee, NSW, 2034
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis