195-197 Coogee Bay RoadCoogee NSW 2034
Property Details for 195-197 Coogee Bay Rd, Coogee
Last Listing description (July 2026)
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.
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.
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
Property History for 195-197 Coogee Bay Rd, Coogee, NSW 2034
- 23 Jan 2026Listed for Sale For Sale
- 26 Sep 2008Listed for Rent - Price not available
Recent sales nearby
See more recent sales nearby/assets/perm/56ggaggpnii6znz3hf4doywxxy?signature=5d2828035c291b1111c75c4de0f55f6863b03e7a6f97498170a2404ac1d1ce8b){kind=logo}
0/assets/perm/h2lkuldvbei63fb6wvxatmmz2u?signature=0112e8bfd1e26deb0297c379dfba2ab91b520a9ef8e2feff017409f62ff4c542){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Coogee 2034
The size of Coogee is approximately 2.0 square kilometres. There are 14 parks, covering nearly 19.0% of the total area. The population of Coogee in 2016 was 15212 people. By 2021 the population was 14634 showing a population decline of 3.8% in the area during that time. The predominant age group in Coogee is 30-39 years. Households in Coogee are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Coogee work in a professional occupation.In 2021, 43.50% of the homes in Coogee were owner-occupied compared with 43.60% in 2016.
Coogee has 9,197 properties. Over the last 5 years, Houses in Coogee have seen a 4.83% increase in median value, while Units have seen a 14.37% increase. As at 31 July 2026:
- The median value for Houses in Coogee is $4,038,343 while the median value for Units is $1,540,859.
- Houses have a median rent of $2,000 while Units have a median rent of $980.
Suburb Insights for Coogee 2034
Market Insights
Coogee Trends for Houses
N/A
N/A
View TrendN/A
N/A
Coogee Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
