74 Maroubra Road, Maroubra

ABOUT THE PROPERTY

Bedrooms
2
Bathrooms
1
Car spaces
0
Land size
753 m2
Building size
2 m2
Council area
Randwick
Year built
n/a
Lot plan
DP400121 Maroubra NSW
House type
Commercial: Industrial Building



HISTORY

Last sold 14/05/2008
$1,100,000



LISTING DESCRIPTION
as of May 2008

Home with Two Factories An opportunity exists to secure a unique property investment package - three adjacent properties on one title offering a sought-after mix of real estate in a residential zoning with existing use rights. The property comprises 752 sq. metres (approx) in total:74 Maroubra Road Maroubra - a near-original single fronted single level rendered full brick and timber freestanding cottage offered vacant possession57 Glanfield Street Maroubra - factory currently leased to an auto mechanical repairer on a 5 year lease - current rental return is $21000 p.a. gross plus GST55 Glanfield Street Maroubra - currently occupied on an expired lease - current rental return is $27,600 p.a. gross plus GSTBoth factories are located at the rear of the cottage and are separated by a covered passageway/driveway to a fibro garage behind the cottage. The factories are accessed by one-way laneway entry from Hannan Street and currently share a basic kitchen, shower, toilet and storeroom.Vendors finalising deceased estate