2 Pinnacle Road, Coogee WA 6166

Sterling Property as exclusive selling agents are pleased to present For Sale 2 Pinnacle Road, Coogee, a modern built residential grouped housing development comprising four 3x2 bedroom freehold strata units currently leased to an NDIS provider, located in the emerging coastal suburb of Coogee.

The modern, 2020 built property is set across an expansive 1,368 sqm* elevated freehold site and is currently leased to NDIS provider PHASE until April 2025 (no options), providing secure short-term income.

Investment Highlights

- Four modern built 3x2 bedroom units, comprising spacious living areas, alfresco and double car port garages
- Currently Leased to NDIS provider PHASE, until April 2025 (no options) & providing $143,520 rent pa
- Flexible offering in strong residential market, with opportunity to owner occupy or invest
- Elevated 1,368 sqm* freehold site in growth catchment, with providing strong underlying land value
- Located within emerging coastal suburb of Coogee, with a 5-year growth rate of 68.3%
- Already strata titled providing an ability to sell-off individually in the future

Inspections are available by appointment only and there will be an open inspection during the campaign with Buyers to be notified accordingly. Access to the data room, containing the leases, plans & depreciation schedule is available upon request.

2 Pinnacle Road, Coogee is for sale via Offers Invited closing 4pm (AWST) Tuesday 18th February 2025 (unless sold prior). To request the IM or discuss your interest, please contact the exclusive selling agents Jake Wallman or Jack Bradshaw.