284 Clovelly Road, Coogee NSW 2034

28 self contained studios + 6 secure car spaces

Other - Coogee NSW

284 Clovelly Road, Coogee is a near new three-storey brick building with full depreciation schedule. The property contains 28 studio apartments which are under long term lease with ASX listed company. The building is close to the iconic Coogee to Bondi Coastal Walk and two pristine eastern suburb beaches.

Each room includes a fully equipped kitchen, bathroom and air-conditioning. The property also features a communal laundry room and secure undercover parking for six cars.

Summary:
• 28 Self Contained studios + 6 secure car spaces
• 8 Year Lease to ASX listed company
• $590,000 net rental + GST
• Lessee pays 100% of all outgoings
• 2.5% annual reviews
• Recently completed building with excellent depreciation