12/166-176 Oberon Street, Coogee NSW 2034

| 1974 strata unit | 65sqm internal | pool and garden outlook | flood overlay noted | Coogee coastal strip | This unit occupies a defensible position within a small 28-lot complex, offering a rare combination of north-facing pool and garden outlooks and a functional 65sqm two-bedroom layout. The 1974 build provides generous room sizes uncommon in newer stock, and the 91sqm unit land entitlement suggests reasonable strata leverage. For a buyer seeking an entry point to Coogee’s tightly held market, this property competes on liveability and scarcity rather than finish—best suited to owner-occupiers or long-hold investors who value amenity over yield. The detected flood overlay is the primary structural risk, likely affecting insurance premiums and resale pool depth, though the elevated position within the complex may mitigate physical exposure. Rental demand remains robust at an estimated $980 weekly, but the 60% renter profile in the building signals limited owner-occupier premium. The absence of heritage or bushfire constraints simplifies due diligence. Hold for capital growth driven by Coogee’s constrained supply; renovate selectively to capture owner-occupier demand upon resale.