76 Bream Street, Coogee.

This exceptional freehold asset presents a remarkable opportunity for investors with good growth potential. DA approval to reconfigure and strata the existing eight apartments, as well as room for further value addition, this landmark property is a prime investment opportunity. Situated in a coveted beach-side location, an active investor can capitalise on immediate capital growth through refurbishment and redevelopment, making it an unparalleled opportunity. This property boasts an Art Deco style, solid brick construction that is complemented by ocean views from upper level. Eight generously oversized apartments, this property offers an exceptional opportunity. Additionally, the property occupies a coveted position, spanning 440sqm of land and zoned R3, with proximity to Coogee beach, parks, coastal walks, buses, cafes, and restaurants, just steps away. The Development approval plans have been designed by esteemed architects from Hancock Architects and DKO architecture, have recently completed interior design concepts. Documentation is available upon request. Summary of Features - Presently eight solidly constructed two-bedroom, one bathroom apartments - DA approved for 8 x 110sqm (approx.), 2bed, 2 bath strata apartments with balconies and additional garden area to ground floor apartments - Upper level boasting scenic district and ocean views - Highly sought-after investment opportunity in an exclusive coastal location - Spacious rooms, generous proportions and ornate high ceilings - Excellent proximity to beach, parks, coastal walks, buses, and cafes - Complete with DA approval and 95% complete CC documentation In Conjunction with McGrath Chris Volpatti 0414 867 454 chrisvolpatti@mcgrath.com.au