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2/292 Arden Street, Coogee NSW 2034

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Apartment 2 Beds 1 Bath 87 m²
Listed: 2 days ago
Overview

This ground-floor apartment at 2/292 Arden Street in Coogee represents a distinctive blend of Victorian-era charm and modern functionality, nestled within a boutique collection of just four homes dating from the 1880s. Offering approximately 87 square metres of living space, the residence impresses with its generous proportions that evoke the feel of a semi-style home, delivering a sense of privacy and character seldom found in typical apartment living.

The layout features two expansive king-sized bedrooms that flank a centrally located kitchen and living area, ensuring both separation and convenience. Extending the versatility of the home is a sunroom, ideal as a study, additional dining space, or even a third bedroom, adapting to the needs of various household configurations.

The heart of the home is a sleek gas kitchen equipped with a central island bench and a new dishwasher, promoting ease of meal preparation and informal gatherings. The kitchen flows seamlessly into the living space, enhanced by a decorative fireplace and new air conditioning, providing comfort and a charming focal point.

An oversized bathroom offers a luxurious feel with a deep tub and frameless rain shower, complementing the high ceilings and timber floors that add to the property's elegant ambiance. Additional practical features include new carpeting in the bedrooms and an internal laundry, enhancing day-to-day convenience.

Positioned just 300 metres from the southern end of Coogee Beach and within walking distance of Wylie's Baths and the iconic coastal path, this apartment offers a coastal lifestyle enriched by vibrant local dining and easy access to transport, including express city buses one block away. The location also places it within 2 kilometres of Randwick shops, light rail, UNSW, and hospital precincts, making it well-suited to professionals, downsizers, or first-time buyers seeking lifestyle and convenience.

This property boasts proven success as a short-term holiday rental, currently generating $120,000 per annum on Airbnb, presenting an attractive opportunity for investors. Buyers also have the option to purchase the apartment furnished, complete with months of peak summer bookings, illustrating its turnkey investment appeal.

  • Boutique Victorian-era ground-floor apartment in a small block of four homes.
  • Spacious and flexible layout featuring two large bedrooms and a versatile sunroom.
  • Modern, gas-equipped kitchen with island bench and dishwasher.
  • Comfortable living space with new air conditioning and decorative fireplace.
  • Elegant bathroom with quality fittings including deep tub and rain shower.
  • Proven high-yield investment in a prime coastal location close to amenities.
  • Convenient dual street access and proximity to beach, transport, schools, and shops.
Local Market Insights

In Coogee, Quiet Listings observed 11 new apartments entering the market over the last 30 days, down from 12 during the previous 30-day period, with an average advertised asking price of $1,410,909. The property type mix of listed properties is predominantly Apartments at 44%, followed by houses (41%), and units (13%). The most active agency for apartments in the Coogee area is currently McGrath Estate Agents, representing 45% of new listings, followed by Ray White with 36%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
Market Insights for Coogee NSW 2034
New Listings (last 30 days)
11
Average price
$1,410,909
Lowest price
$825,000
Highest price
$3,000,000
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