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NGFarah

298/116-132 Maroubra Road Maroubra, NSW 2035

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298/116-132 Maroubra Road,
Maroubra, NSW 2035

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Map of 298/116-132 Maroubra Road

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High Exposure Ground floor Retail Strata Investment

Prominently situated at Maroubra Junction, just steps from Pacific Square's shopping and dining hub, this prime ground floor commercial space presents a turnkey investment opportunity. With a longstanding lease as a laundromat, seize this rare chance to secure an established investment that has consistently delivered robust rental returns for over two decades.

• Main road Exposure with 104sqm on title,
• Present rental yield: $37,500k PA + outgoings
• Mezzanine level: 2 store rooms, 1 office
• Secure basement parking: large double garage
• Impeccable presentation, inclusive of kitchenette & WC
• High visibility, bustling foot and road traffic
• Lease 3 years commencing March 2023, with further 3-year option
• Annual reviews 4%, market review on option

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.

Additional information

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

NGFarah

Level 1, 9 Bunnerong Road
KINGSFORD, NSW 2032
04054703...
NGFarah
298/116-132 Maroubra Road
Maroubra, NSW 2035
NGFarah
Level 1, 9 Bunnerong Road
KINGSFORD, NSW 2032

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