26/50 Carr St, Coogee is a 0 bedroom, 0 bathroom Unit and was built in 1930. The property has a land size of 58m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Raine and Horne Commercial in conjunction with Savills are pleased to offer Shop 26, 50 Carr Street, Coogee (Also known as 256 - 258 Arden Street) to the market for sale via Expressions of Interest.
This prime investment property comprises of 2 ground floor retail shops in a well maintained residential building and directly opposite Coogee Beach.
Set in a highly desirable location opposite Coogee Beach and surrounded by a number of established businesses such as the Coogee Bay Hotel, Coogee Pavilion and the Crowne Plaza which is currently undergoing a multi-million dollar renovation and only moments from bustling Coogee Bay Road shops and eateries.
Key Selling features:
New 3 year lease with a further 3 year option
Net passing income: $85,000pa* + GST
Lease commencement date: 3 February 2020
Lease expiry date: 2 February 2023
Recently refurbished laundromat to a high standard
Total internal area: 64sqm* (app)
Double fronted shop totaling 9.5sq m* (app)
Subdivision potential to create two separate tenancies
Current tenant looking to set up caf (STCA)
Outstanding Coogee Beach views
Tightly held high profile beachside location
Surrounded by well established businesses
Opposite bus interchange
Expressions of Interest will be open until Friday 20th November at 4pm.
For more information on this listing or to arrange an inspection please contact the selling agents.
The size of Coogee is approximately 2.0 square kilometres. It has 14 parks covering nearly 19.0% of 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 9,160 properties. Over the last 5 years, Houses in Coogee have seen a 59.63% increase in median value, while Units have seen a 41.34% increase. As at 31 December 2025:
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