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Newington Towers, Shop 304/116-132 Maroubra Road Maroubra, NSW 2035

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Newington Towers, Shop 304/116-132 Maroubra Road,
Maroubra, NSW 2035

Shops & Retail

Price information

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$755,000

Key property information

Floor area

Tenure type

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Map of Newington Towers, Shop 304/116-132 Maroubra Road

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Investment Opportunity

This well-located retail shop in the heart of Maroubra Junction has a triple lock-up garage and main road exposure that benefits with retail trade from a large number of residential apartments in the surrounding area. The well-known restaurant is an exceptional investment opportunity currently on a continuing lease.

High Points

- Currently set up as a restaurant
- Fully equipped commercial kitchen and a w/c
- Good seating area can accommodate approx. 40 patrons
- Great opportunity for an astute investor or super nest egg.
- Triple lock-up garage and great for storage, garaging is 58sqm
- Resort facilities, pool, spa, sauna and gym
- Excellent investment with strong rental returns
- Currently leased at $669.00 per week including GST and the tenant pays all outgoings
- On a continuing lease.
- Perfect investment opportunity in a prime location

Approx. Size
Shop area approx. 79sqm
Lock up garages 58sqm
Total Area 137sqm

Approx. Outgoings reimbursed by the tenant as part of the lease.
Water Rates: $140.98 per quarter + usage
Council Rates: $383.80 per quarter
Strata Levies: $1,572.72 per quarter

Inspect: By appointment only with agent
Anthony Rizzo 0418 236 9...
Toni Rizzo 0409 0146 308

For all your home loan needs please give the team at Highland Financial Services a call on 02 9523 2699 or visit www.highlandfinancialservices.com.au

Property ID: 504244508Last Updated: 21 Sep 2023

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Newington Towers, Shop 304/116-132 Maroubra Road
Maroubra, NSW 2035
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