284 Clovelly Road,
Coogee, NSW 2034
Other • Hotel, Motel & Leisure
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Car spaces
Parking info
Property extent
Zoning
Tenure type
Sold on
Knight Frank - Sydney South
Corporate Park, Suite 12G, Graphix Row, 160 Bourke RoadALEXANDRIA, NSW 2015
284 Clovelly Road
Coogee, NSW 2034
Map of 284 Clovelly Road
Irreplaceable Eastern Suburbs Investment Opportunity - ASX Listed Tenant
- Long lease to ASX listed tenant
- $605,000 p.a. + GST + outgoings
- Prime Coogee location
Knight Frank as the exclusive selling agent is delighted to present to market for sale via auction - 284 Clovelly Road, Coogee; A high profile eastern suburbs block of 28 self-contained apartments leased to ASX Listed Alloggio, Australia’s market leading short term rental accommodation operator.
The property currently comprises 28 self-contained fully furnished studio apartments, all including a modern kitchen, bathroom and air conditioning services, positioned within the heart of one of Sydney’s most desirable beachside suburbs.
Key highlights of this opportunity include:
- $605,000 pa. + GST passing income
- Secure long lease to an ASX Listed tenant, Alloggio (ALO)
- Short walk to Sydney’s most iconic beaches and Coogee’s retail precinct
- Leased until September 2029 with an 8 + 8 year option and annual rental increases
- Net lease with tenant paying all outgoings
For more information on this opportunity, please do not hesitate to reach out to one of the below sales agents.
The property currently comprises 28 self-contained fully furnished studio apartments, all including a modern kitchen, bathroom and air conditioning services, positioned within the heart of one of Sydney’s most desirable beachside suburbs.
Key highlights of this opportunity include:
- $605,000 pa. + GST passing income
- Secure long lease to an ASX Listed tenant, Alloggio (ALO)
- Short walk to Sydney’s most iconic beaches and Coogee’s retail precinct
- Leased until September 2029 with an 8 + 8 year option and annual rental increases
- Net lease with tenant paying all outgoings
For more information on this opportunity, please do not hesitate to reach out to one of the below sales agents.
Property ID: 504176847Last Updated: 9 Jan 2023
Knight Frank - Sydney SouthCorporate Park, Suite 12G, Graphix Row, 160 Bourke Road
ALEXANDRIA, NSW 2015
ALEXANDRIA, NSW 2015
More properties from Knight Frank - Sydney South
Other properties you might be interested in based on the location and property type you are looking at.
