Ray White Commercial South Sydney is pleased to present 199-203A Malabar Road South Coogee for Auction.
Positioned on Malabar Road, this shop plus residences offers a range of options for both investors searching for immediate upside and owner occupiers. Opportunity to add value with a stylish refurbishment and then utilise as a home and income, work from home or a or multi-tenanted investment.
Fantastic long term investment opportunity in a prime coastal location
View by Appointment.
Contact:
Phillip Elmowy 0425 285 444 | p.elmowy@rwcss.com
Anthony Vella 0412 232 904 | a.vella@rwcss.com
*Approximately
The size of South Coogee is approximately 1.2 square kilometres. It has 12 parks covering nearly 9.4% of total area. The population of South Coogee in 2011 was 5,076 people. By 2016 the population was 5,505 showing a population growth of 8.5% in the area during that time. The predominant age group in South Coogee is 40-49 years. Households in South Coogee are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Coogee work in a professional occupation. In 2011, 43.5% of the homes in South Coogee were owner-occupied compared with 45.3% in 2016.
South Coogee has 2,605 properties. Over the last 5 years, Houses in South Coogee have seen a 43.00% increase in median value, while Units have seen a 5.42% increase. As at 31 December 2024:
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