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41 Fairbairn Road
Coogee, WA 6166
Price by Negotiation
Overview
LIVE & WORK HOME & BUSINESS SAME PLACE CLOSE TO BEACH
Improve your lifestyle with this unique live and work opportunity located close to the beach. This rare offering combines a freehold property and established business on a single title, providing immediate income and significant long-term development potential.
Land & Infrastructure
Set on approximately 1,300 square meters of land, this property offers both residential and commercial use on the one title. Solar panels are installed to help reduce operating costs, while the strong underlying land value provides excellent long-term security.
Lifestyle & Income Opportunity
This property offers flexible options for both owner-operators and investors:
- Potential to live and work from the same property
- Ideal for investors to earn two income streams - business income plus residential rental from the home
- Excellent opportunity for a family business looking to combine lifestyle and work
Development & Value-Add Potential (STCA)
This versatile site offers strong future upside, including:
- Potential to add a bottle shop
- Opportunity to develop apartments above
- Potential to subdivide into two titles - one for the business/property and one for the residential home (subject to council approval)
Business Overview
Currently operating as a successful Japanese and Vietnamese lunch bar with an accompanying mini grocery store, the business enjoys a loyal local customer base and generates immediate trading income. In addition to its daytime trade, it also captures strong early evening takeaway demand, offering popular Asian and Japanese food options.
Future Use Potential
The premises could easily support a range of retail or hospitality concepts including:
- Café or brunch venue
- Food grocer or gourmet deli
- IGA or convenience supermarket format
- Specialty Asian grocery store
Key Investment Highlights
- Freehold property and business on one title
- Large 1,300 square meter landholding
- Lifestyle live and work opportunity near the beach
- Potential to create two separate income streams
- Future subdivision potential (subject to council approval)
- Solar infrastructure helping reduce operating costs
- Multiple redevelopment opportunities
Location
Coogee WA 6166
Market Insights for Coogee WA 6166
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