21 Ocean Dr, North Coogee is a 2 bedroom, 2 bathroom Unit with 2 parking spaces.
Ray White Commercial (WA) and Scoop Property jointly present this outstanding opportunity to secure a prime seaside investment along South Beach at the cusp of South Fremantle.
With a total floor area of 320sqm*, this ground floor property showcases a well established caf offering internal and alfresco dining strategically positioned facing the ocean with direct beach access (with no road in front, which is very rare in WA) and only 60m from the ocean's edge. The property is easily accessible from South Terrace with a parking lot right next to the building complex.
Offered via set date sale closing Thursday, 17th February 2022
Lease Details:
Current Tenant: QC & BT LTD
Lease Commencement: 16 January 2017
Lease Expiry: 31 January 2027
Options: 2 further terms of 5 years up to 31 January 2037
Annual Rent: $90,000 per annum (net)
Outgoings: $35,000 per annum; Payable by the Tenant (as permitted by the Retail Tenancies Act)
Rent Review: CPI Annually, Market at Option
For further information or to arrange an inspection, please contact the Agents:
Enrique Reyes
Ray White Commercial (WA)
M: 0421 888 688
E: enrique.reyes@raywhite.com
Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 168
E: brett.wilkins@raywhite.com
John Da Luz
Scoop Property - Fremantle
M: 0433 205 227
E: john@ScoopProperty.com.au
Santo Merenda
Scoop Property - Fremantle
M: 0438 386 578
E: santo@ScoopProperty.com.au
*Approximate
The size of North Coogee is approximately 2.8 square kilometres. There are 11 parks, covering nearly 22.7% of the total area. The population of North Coogee in 2016 was 2388 people. By 2021 the population was 3741 showing a population growth of 56.7% in the area during that time. The predominant age group in North Coogee is 50-59 years. Households in North Coogee are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Coogee work in a professional occupation.In 2021, 72.60% of the homes in North Coogee were owner-occupied compared with 73.40% in 2016.
North Coogee has 2,748 properties. Over the last 5 years, Houses in North Coogee have seen a 47.90% increase in median value, while Units have seen a 78.25% increase. As at 30 June 2026:
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