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Colliers are pleased to present 246 Coogee Bay Road, Coogee, for sale by Public Auction on Tuesday 31 March from 10.30am (AEDT).
This is a rare investment opportunity to acquire a permanently held retail asset located less than 100 metres* from Coogee Beach, positioned within the heart of Coogee’s primary retail strip and one of Sydney’s most tightly held and highly sought after eastern coastal markets. The property also benefits from rear lane access to Alfreda Street, further enhancing its accessibility and long‑term appeal.
Leased to a single operator, the property comprises a hairdresser on the ground floor and a beauty salon on the first floor. The tenant is a resilient, service‑based business secured on a lease through to 2028, with an additional 5‑year option. Positioned in a prime, high‑exposure location with strong pedestrian traffic and robust lifestyle‑driven demand, the asset is underpinned by a secure and established income stream. The existing lease, with a further 5‑year option extending to 2033, provides long‑term income certainty and strong capital security.
Coogee Beach is renowned for its boutique retail environment, youthful and affluent coastal demographic, and premium lifestyle appeal. The market is characterised by limited commercial supply and strong owner-hold dynamics. Reflecting this scarcity, no comparable commercial retail assets have been offered to the market in the past 22 months, highlighting the exceptional rarity of this opportunity.
This asset represents a compelling investment for purchasers seeking a secure coastal retail holding with defensive income, long-term growth potential, and irreplaceable proximity to one of Sydney’s most iconic beachside destinations.
*Approx.
Remember to mention you found this property on CommercialReady
Colliers are pleased to present 246 Coogee Bay Road, Coogee, for sale by Public Auction on Tuesday 31 March from 10.30am (AEDT).
This is a rare investment opportunity to acquire a permanently held retail asset located less than 100 metres* from Coogee Beach, positioned within the heart of Coogee’s primary retail strip and one of Sydney’s most tightly held and highly sought after eastern coastal markets. The property also benefits from rear lane access to Alfreda Street, further enhancing its accessibility and long‑term appeal.
Leased to a single operator, the property comprises a hairdresser on the ground floor and a beauty salon on the first floor. The tenant is a resilient, service‑based business secured on a lease through to 2028, with an additional 5‑year option. Positioned in a prime, high‑exposure location with strong pedestrian traffic and robust lifestyle‑driven demand, the asset is underpinned by a secure and established income stream. The existing lease, with a further 5‑year option extending to 2033, provides long‑term income certainty and strong capital security.
Coogee Beach is renowned for its boutique retail environment, youthful and affluent coastal demographic, and premium lifestyle appeal. The market is characterised by limited commercial supply and strong owner-hold dynamics. Reflecting this scarcity, no comparable commercial retail assets have been offered to the market in the past 22 months, highlighting the exceptional rarity of this opportunity.
This asset represents a compelling investment for purchasers seeking a secure coastal retail holding with defensive income, long-term growth potential, and irreplaceable proximity to one of Sydney’s most iconic beachside destinations.
*Approx.
Remember to mention you found this property on CommercialReady
246 Coogee Bay Road, Coogee, NSW, 2034
Secure/no obligation
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
Yield Calculator
Yield Calculator
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
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
