40-42 Coogee Bay Road, Coogee NSW 2034

Property Details: • Type: Block of Units

• Bedrooms: 4 • Bathrooms: 20

Description: The Phone Code for this property is: 41211. Please quote this number when phoning or texting. * Zoned Business Commercial * Sale Of Building Area * Aprox 2357 Sqm is Less than $15,000 Sqm * Largest Hostel Property in Coogee , Randwick UNSW, POWH & Coogee Coogee Beach, Randwick ,Sydney Area Close To Sydney City, * Is Currently A Large 99 Beds & About 40 Rooms Hostel Accommodation Facility * MORE BEDS Under New State Gov Planning Code 6 floors available for approval { S T S G A } * 10 Approved Kitchens And 17 Bathroom Facilities With 17 Toilets And 25 Shower Facilities * 14 Auto Lock-up Garages And With *15 additional, parking spots available * Plenty Of Additional Parking Area. * In ground Pool, * Potential Income .Daily Currently accommodation rates are $50 To $80 per bed Per Night X 99 x 365 except Xmas & New Year * Plus Laundromat , Vending machines ,Coin Operated Sauna & Security Lockers * The owners They are selling building , land , Licences .Furnished as a going concern walk in walk out Facility Operational Fully Furnished * Liscenced To Sell Food and drinks , Potential For Café on site, * Under New State Gov Planning Codes extra 6 floors approved { S T S G A } * LARGE Facility With Million-Dollar Ocean Views * Build To Rent Large Building * MORE ROOM FOR Pod beds Suitable & Allowed can also be put in . * Suitable For organisations or Companies that require a large number of beds for their people * Boutique Hotel, Motel And Private Hospital Development Will Be Allowed ( S T S G A ) * Welfare Groups, Crisis Accommodation, Consular Generals to house their guests, * Women's Refuge, Drug & Alcohol Rehabilitation Centre, Non-For-Profit Organisations & Religious Groups. Medical/Consulting, child minding facility, Health Clinic ( S T S G A ) * Large Common Rooftop Terrace, Ocean Views From Rooftop Sundeck.With Million Dollar Views * LAND TAX & GST CONCESSIONS * Available 2 properties Land Area 2 Properties Available With Front & Back Street Frontage Access Available 100 sqm plus 500sqm = approx. Approx 1600 sqm * Building 2 properties Area Available 2357.07 sqm Plus 350sqm = Over 2707.07 sqm Approx. as above * Under New State Gov Planning Code 6 floors available for approval { S T S G A } * Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.