Dolphin Street, Coogee, NSW 2034

CBRE, as the exclusive sales agent, is pleased to present Dolphin Street, Coogee, to the market. Presented as a renovator's delight, the property has a multitude of possibilities to refurbish, reposition (STCA), revert rents to market, sell down individual units, or utilise a DA-approved plan to redevelop into state-of-the-art luxury units.

Dolphin Street, Coogee, benefits from the following key attributes;

- 8 x spacious strata-titled 1-bedroom units
- Current DA approval for 4 x new luxury apartments over 3 x levels with basement parking 
- Potential for value addition and profit, a prime opportunity for investors to revert rents to market or sell down individual units
- Internal area of 412sqm* on a generous 488sqm* land parcel
- 0.75 : 1 Floor Space Ratio (FSR), 9.5m Height of Building (HOB) & R3 Medium Density Residential Zoning 
- Contemporary living spaces flooded with abundant natural light and cross ventilation throughout
- Centrally located in Coogee, benefitting from its proximity to iconic amenities such as Coogee Bay Hotel, Coogee Pavilion, Coogee Oval & only 7.6km* from Sydney CBD 
- 700m* to the beach
- Set to benefit from Coogee's projected 49.5% population increase in the next 15 years~
-  Set to capitalise on Coogees lucrative residential market with a vacancy rate of 1.8%^ in Coogee, indicating strong demand from tenants and potential buyers alike

Dolphin Street, Coogee will be offered for sale via an Expression of Interest campaign closing on the 27th of June, 2024 at 4:00pm.

For more information or to request access to the due diligence room, please contact the exclusive sales agent.

*Approx
~Sourced from Mecone Mosaic 
^Sourced from SQM Research