2/2 Edgecliffe Ave, South Coogee is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1965. The property has a land size of 103m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Signifying an outstanding opportunity in an exceptional South Coogee position, the coming-to-market of this Art Deco-era building presents a rare chance for in this coveted coastal locale. Just minutes from the sands of both Coogee and Maroubra and set on a level 363sqm (approx.) corner site, it is currently configured as a strata-tiled duplex which is to be sold in one line, offering remarkable potential for renewal, expansion, or comprehensive redevelopment (STCA).
Featuring 2x 2-bedroom residences set over 2 levels (with internal connecting stairs), it is undoubtedly in need of some TLC but thus offers a range of captivating options for the new owner. They may wish to revamp the existing 2 apartments and capitalise on the rental demand of this sought-after area. Alternatively, they may seek to completely redevelop the site from the ground up into a significant new apartment building or even craft a vast single coastal dream residence (all STCA). The options here are both extensive and exciting.
An incredible chance in a terrific position, it is just 5 minutes' drive north or south to Coogee and Maroubra beaches, with cafes, schools, seaside pools, and all the lifestyle highlights of this perfect coastal address within easy reach, including the popular coastal walk. With 2 existing LUGs, lovely sandstone fence, level grassed yard, and sun-bathed aspect, this is a landmark occasion certain to generate much interest in this in-demand locality, making for an impressive and rare prospect for the astute buyer.
Features
- Whole building of 2x 2-bedroom units offered in one line
- Strata-titled Art Deco block, in need of TLC, sunny aspect
- Range of options to revamp, renovate, redevelop (STCA)
- 2x LUGs parking for 2 vehicles, excellent level corner block
- Dual street frontage, large grassed yard, grassed front yard
- In the heart of a friendly in-demand coast neighbourhood
- Mins to parks, cafes, easy trip to shops, Coogee/Maroubra
- Handy to schools, Maroubra Junction, popular coastal walk
- Prominent position on tightly held street, a rare opportunity
- An outstanding coastal chance for the perceptive buyer
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 2,596 properties. Over the last 5 years, Houses in South Coogee have seen a 71.33% increase in median value, while Units have seen a 20.61% increase. As at 31 October 2024:
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