298/116-132 Maroubra Road, Maroubra

ABOUT THE PROPERTY

Bedrooms
2
Bathrooms
1
Car spaces
2
Land size
1.08 ha
Building size
104 m2
Council area
Randwick
Year built
1996
Lot plan
298/SP53847 Maroubra NSW
House type
Unit



HISTORY

Last sold 06/03/2017
$630,000



LISTING DESCRIPTION
as of March 2017

SHOPFRONT IN MAROUBRA JUNCTION READY MADE INVESTMENT! Located in the heart of Maroubra Junction and just footsteps from Pacific Squares shopping and food precinct, this prominent ground floor commercial premises offers a ready made investment opportunity. Operating as a long term laundromat business on a new lease, take full advantage of this rare chance to acquire an established investment that has provided its owners with strong rental returns for over 20 years.- Ground level shopfront of approx 104sqm + parking- Current rental yield $650 per week + outgoings- Mezzanine level with 2 x store rooms & an office- Large double garage in secure basement car park- Well presented premises with kitchenette & WC- Strong exposure, high pedestrian & road traffic- Access to building facilities including pool & gymCouncil Rates: $1226.25 pa approxWater Rates: $201.95 pq approxStrata Rates: $1032.20 pq approxDisclaimer: 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 reply upon their own enquiries.