298/116-132 Maroubra Road,
Maroubra, NSW 2035
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Floor area
Tenure type
Sold on
Map of 298/116-132 Maroubra Road
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.
• 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
External websites
Property ID: 504417492Last Updated: 5 Dec 2023
NGFarah
353 Anzac ParadeKINGSFORD, NSW 2032
298/116-132 Maroubra Road
Maroubra, NSW 2035
NGFarah353 Anzac Parade
KINGSFORD, NSW 2032
KINGSFORD, NSW 2032
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from NGFarah
Other properties you might be interested in based on the location and property type you are looking at.