Character Buildings with Mixed-Use Development Potential

371 Cockburn Road, Coogee, Western Australia 6166

Land For Sale

For Sale
Land Area: 6,663.00 m2.    Floor Area: 400.00 m2.    
Sale Price: $2,400,000.00.

Description

Colliers International is seeking a buyer for this important piece of WA history with the recently renovated Coogee Hotel and Post Office now ready to re-join the fast-growing community in Coogee, just south of Fremantle.

This offering represents an exciting opportunity to secure a unique mixed-use development opportunity in a prime coastal location.

The 6,663sq m site benefits from a pristine location on WA’s coast, with high exposure to passing traffic along Cockburn Road.

The property currently comprises vacant land with two unique heritage buildings that have recently undergone extensive refurbishment, the former Coogee Hotel and Post Office. The former Coogee Hotel has a lettable area of 400sq m and the former Post Office has an internal floor area of 26sq m. Both buildings are currently vacant and are primed for reactivation.

The 2016 Structure Plan that is currently with the WA Planning Commission for approval proposes that the lot will comprise:
• Approximately 3,100sq m of Local Centre zoning,
• Approximately 700sq m of Mixed Use zoning with a density code of R50; and
• Approximately 2,600sq m of residential land at the rear, zoned R25.

The property offers both developers and owner-occupiers an opportunity to secure an optimally located property, that capitalises on the popularity of the nearby Coogee Beach precinct and Woodman Point Recreation Reserve, and future growth from Landcorp’s high density Cockburn Coast Redevelopment project.

The Cockburn Coast Redevelopment is a key activity centre identified as a future hub of medium and high density residential living (with the addition of approximately 6,000 dwellings), providing commercial, medical and community facilities, along with outstanding retail and recreational amenity. Woodman Point Recreation Reserve already attracts 350,000-500,000 visitors per year.

For more information on the property please contact the exclusive selling agent:
Tory Packer on 0434 659 909

**Please copy and paste the following link to your browser to access to the Virtual Tour of the property - https://my.matterport.com/show/?m=cbSveympETW

Features

  • Total Land Area: 6,663 sq m
  • Recently Refurbished Heritage Buildings
  • High-Exposure Coastal Location

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