6/174-176 Coogee Bay Road, Coogee NSW 2034

Top-floor Spanish Mission apartment | 74m² with ocean glimpses | Coogee Beach café precinct | 1920s character with modern updates This unit occupies a rare position in Coogee’s market: a top-floor 1920s character apartment with double brick construction, high ceilings, and new double-glazed windows, all within a boutique security block of only 14 units. The enclosed balcony with French doors and ocean glimpses, combined with a modern induction kitchen and king-sized bedrooms, creates a livable floorplan that competes well against newer but smaller stock. For a buyer seeking a permanent home or a beachside base with strong rental demand—85% of the building’s 15 units are rented—this property offers a defensible entry into a tightly held precinct. The catchment for Coogee Public School (0.3km) adds family appeal without sacrificing the walk-to-beach lifestyle. The primary risk is the building’s renter-heavy profile, which can affect owner-occupier sentiment and strata decision-making over time. At a $1.4 million price point, the property sits at the upper end of comparable sales in the building—Unit 1 sold for $1.155m in November 2025—so the buyer pays a premium for the top-floor position and recent upgrades. Quarterly strata levies of $1,175 are reasonable for a 1920s building, but buyers should review the strata inspection report for any deferred capital works. The auction on 23 May 2026 creates a defined timeline; pre-auction negotiation may be viable given the property has been listed only five days. Hold this as a long-term owner-occupier or a rental yielding around 4.3% based on comparable rents of $900–$1,000 per week.