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SALE

  • 20 bed
  • 8 bed

20 room boarding house with DA approval for 20 room boutique hotel
178 Coogee Bay Road, Coogee

  • 20 bed
  • 8 bed
Price Guide Contact Agent
Property Type House

Positioned perfectly in Coogee’s popular shopping precinct and only 150m to the golden Sands of
Coogee Beach, this 20 room boarding house is, spread over 2 levels 10 rooms upstairs on street level
& 10 rooms downstairs all with share bathrooms on each floor.
Approval exists for an extension to current building adding bathrooms to all rooms, this transforms the property into a Boutique Hotel.
Possibilities are endless or simply land bank with further development upside, the property is approximately 500m2
_ Currently a 20 room boarding house
_ DA approval for a 20 room luxury boutique hotel for up to 38 guests
_ R3 development opportunity
_ Land size 500m2 approx
_ Zoning R3: Height 12m : FSR 0.9:1
_ Leased for $225,000+GST
_ 5+5 year lease commencing from May 2019
_ Demolition clause in option period

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