40-42 Coogee Bay RoadRandwick NSW 2031
Property Details for 40-42 Coogee Bay Rd, Randwick
Last Listing description (February 2020)
LARGE PROPERTY WITH 10 LARGE SELF-CONTAINED UNITS BUILDING AREA APROX 2000 sqm2 WITH COMMERCIAL USAGE Rights
FULLY SET UP ALL FULLY FURNISHED WITH ALL AMENITIES NEEDS A A BIT OF DETAILING
COMMERCIAL USAGE WITH APPROVAL FOR LICENSED SHARED BUDGET ACCOMMODATION FOR 86 BEDS
Currently Registered As place of Shared budget Accommodation facility with license approved for 86 beds, approximately 40 rooms.
Building Area 2000 sqm2 Approximately.
Suitable For Following:
Boarding House For ; Welfare Groups, Crisis Accommodation, Women's Refuge, Drug & Alcohol Rehabilitation Centre,
Non For Profit Organisation or Religious Groups. (S T C A Medical/Consulting, child minding facility)
10 Kitchens And 17 Bathroom Facilities With 17 Toilets And 25 Shower Facilities. 14 Lock Up Garages And Plenty Of Additional Parking Area.
Currently Registered As 'Place Of Shared Budget Accommodation'
Swimming Pool With Swedish Sauna & Shared Common Areas
Common Rooftop Terrace, Ocean Views From Rooftop Sundeck.
Included in lease rights to income producing vending machines, Including Drinks & Confectionary, 90 Security Lockers, Swedish Sauna, internet etc
Surveillance System With 36 Security Cameras. . Approximately 400M to new light rail, licensed to sell food & drinks, licensed to sell food & drinks.
Potential for cafe, (subject to council approval)
WHOLE BUILDING FOR SALE
Inspection: Strictly By Appointment With Exclusive Agent
Please note: Every precaution has been taken to establish the accuracy of the information contained in this publication but does not constitute any representation by the publishers, vendor's or Real Estate Agent(s).
Property History for 40-42 Coogee Bay Rd, Randwick, NSW 2031
- 17 Sep 2019Listed for Rent $624,000 / year
- 03 Jul 2019Listed for Sale Expressions of Interest - Closing 4pm 18/12/2019
- 17 Jun 2019Listed for Rent - Price not available
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About Randwick 2031
The size of Randwick is approximately 5.4 square kilometres. It has 25 parks covering nearly 20.6% of total area. The population of Randwick in 2016 was 29986 people. By 2021 the population was 28943 showing a population decline of 3.5% in the area during that time. The predominant age group in Randwick is 30-39 years. Households in Randwick are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Randwick work in a professional occupation.In 2021, 46.80% of the homes in Randwick were owner-occupied compared with 46.40% in 2016.
Randwick has 17,149 properties. Over the last 5 years, Houses in Randwick have seen a 38.13% increase in median value, while Units have seen a 37.19% increase. As at 31 January 2026:
- The median value for Houses in Randwick is $3,701,601 while the median value for Units is $1,319,644.
- Houses have a median rent of $950 while Units have a median rent of $860.
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