13/114-116 Brook Street, Coogee NSW 2034
13/114-116 Brook Street, Coogee NSW 2034
north-facing terrace | generous internal area | quiet rear position | strong indoor-outdoor flow
This unit holds a competitive edge through its north-facing terrace and substantial internal area of 119 square meters, a configuration seldom found in Coogee apartments. The two car spaces further strengthen its position, especially for owner-occupiers who prioritise secure parking. The quiet rear position within the building enhances liveability, reducing street noise while maintaining proximity to the beach and amenities. This property is best suited for buyers seeking a genuine beachside home with generous proportions rather than an investment box.
A risk worth noting is the potential for the building’s management to affect ongoing costs, though specific strata details are not provided here. The opportunity lies in the rarity of the configuration; properties with this combination of internal space terrace and parking often attract sustained demand. The north-facing orientation supports thermal comfort year-round reducing reliance on artificial cooling. For the right buyer this property represents a chance to secure a long-term hold in a tightly held precinct where supply constraints favour owners.
Detailed Independent Property Report prepared by PropCred Analyst team for 13/114-116 Brook Street, Coogee NSW 2034
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✓
Execution Risk
!
1
Coogee NSW 2034
Coogee presents a sharply divergent market, with its premium house segment demonstrating exceptional capital growth, significantly outpacing broader Sydney. This demand is driven by robust competition for limited stock, evidenced by swift sales periods. In contrast, the unit market remains stable but subdued, with rental yields offering relative value. Future growth is anchored in sustained desirability and tight supply, though the market’s premium positioning inherently carries sensitivity to broader economic shifts.