Once in a lifetime opportunity to secure this unique and rare offering with MLLION DOLLAR OCEAN VIEWS in the , COOGEE, RANDWICK AREA part of the urban activation precinct study, Positioned on prime land in a beachside suburb ,with a huge double block with approximately 40 ROOMS able to accommodate 86 adult residents, with 14 LOCK UP GARAGES . Would ideally suit Religious groups, Welfare groups, student groups or medium to large Private or Government organisations requiring a large amount of beds to facilitate internal employee housing requirements. Purchase and use this solid fortress of a building now for all your accommodation requirements while exploring the development potential to further capitalise this opportunity if you wish. (Subject to council approval)
Features:
Accommodation for up to 86 adult Residents.
10 Kitchens, 5 operational, and 17 bathroom facilities with toilets and 25 shower facilities.
Currently registered as ‘Place of Shared Budget Accommodation’.
Income producing vending machines.
Swimming pool with Swedish sauna.
Sweeping ocean views from rooftop area Sundeck.
Offers: All offers must be submitted in writing to the Exclusive Agent before 5PM on 31st March 2014. If not sold prior. Email: michal@vibrantrealty.com.au
Inspection: Strictly by appointment with Exclusive Agent,
Inspection fee applicable.
Terms
Price guide: $12,000,000
No financials available walk in walk out arrangement.
Please note: Every precaution has been taken to establish the accuracy of the information contained in this publication but does not constitute any representation by the publishers, vendors or Real Estate Agent(s).