Newington Towers, Shop 304/116-132 Maroubra Road,
Maroubra, NSW 2035
Shops & Retail
Key property information
Floor area
Tenure type
Sold on
Map of Newington Towers, Shop 304/116-132 Maroubra Road
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
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
Maroubra, 2035 demographic data
The median household income for Maroubra is $2,141, 3% higher than Greater Sydney's household income of $2,077. Maroubra has an older age profile compared to the rest of Greater Sydney (median age 39 vs 37). Property ownership data shows 43% of property owners in Maroubra have a mortgage.
30,722
Population
$2,141 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
Newington Towers, Shop 304/116-132 Maroubra Road
Maroubra, NSW 2035
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