Maroubra 1-7 Maroubra Road

For Sale

Fully Leased Mixed Use Investment in high exposure location

Presenting 1-7 Maroubra Road, a prime mixed-use building featuring three thriving shops and two residential units, all currently leased. This lucrative investment opportunity boasts a substantial net income of $200,000 per annum with significant potential for rental reversion and upside. Situated on a commanding corner at the junction of Bunnerong Road, Maroubra Road, and Wild Street, the property offers unparalleled visibility and accessibility.

Key Features:
Location: Strategically positioned on a prominent corner of Bunnerong Road, Maroubra Road, and Wild Street, directly across from Westfield Eastgardens and Meritons Pagewood Estate.Income Potential: Generating a robust net income of $200,000 annually.Mixed-Use Building: Comprising three active retail shops on the ground level and two residential units on the first level.Site Area: Encompassing 329 square meters of prime real estate.Building Area: A total of 596 square meters, with 298 square meters dedicated to each level.Retail Spaces: Ground floor hosts three retail shops, all currently under active leases.Residential Units: The first level accommodates one 2-bedroom and one 3-bedroom unit, presenting reversion potential for increased rental income.Zoning: E1 Local Centre zoning enhances the property's versatility and potential for future development.This property represents a compelling investment opportunity in a high-traffic location, surrounded by established amenities and poised for continued growth and prosperity.

Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.

Property Information

  • Floor area approx 329sqm

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Please contact Conor Howard to arrange an appointment.

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