CBRE, as the exclusive listing agent is please to present 327 Maroubra Road, Maroubra. The property is a two-storey mixed use retail/residential freehold building being offered to the market for the first time in 26 years. The property is situated on a corner position with side street access via Flower Street, allowing for 3 off-street car spaces. Currently improved as a retail outlet, the property includes generous ground floor retail space with a GFA of 105.85sqm* plus first floor residential with room for 3 bedrooms throughout, making it perfect for owner occupiers and investors. The site benefits from a 7.5m* street frontage to Maroubra Road, offering pronounced foot and vehicle exposure due to the property’s proximity the popular Maroubra Junction and Maroubra Beach. 327 Maroubra Road is located near multiple prevalent parks, childcare centres, prestigious schools, shopping village and centres. The site is offered with a short lease back with the ability to occupy or invest in a desired location in Sydney’s highly sought-after Eastern Suburbs.

The site benefits from a 7.5m* street frontage to Maroubra Road, offering pronounced foot and vehicle exposure due to the property’s proximity the popular Maroubra Junction and Maroubra Beach. 327 Maroubra Road is located near multiple prevalent parks, childcare centres, prestigious schools, shopping village and centres. The site is offered with a short lease back with the ability to occupy or invest in a desired location in Sydney’s highly sought-after Eastern Suburbs with the opportunity for a short-term lease back option on the premises.

327 Maroubra Road, Maroubra benefits from the following key attributes:
• Situated on a large 200sqm* corner block
• First time offered to the market in 26 years
• Two-storey freehold building with generous ground floor retail space and first floor residential accommodation with 3 bedrooms, 2 bathrooms and kitchen
• Opportunity to occupy or invest in a desired location in Maroubra
• Situated on Maroubra’s main road, located moments from Maroubra Beach
•Side street access via Flower Street, plus 3 off-street car spaces
• Grease trap, offering the opportunity to convert the retail space to a restaurant
• High exposure position affording tremendous foot and vehicular traffic to the property
• Highly desirable Eastern Suburbs location in proximity to luscious parks, childcare centres, prestigious schools, vibrant shopping villages and centres and world-renowned beaches
• Strong natural light and ventilation throughout
• Total existing Floor Area: 165sqm*
• Mixed use zone allowing for residential and commercial uses
• Convert to large residence or multi-use asset

327 Maroubra Road, Maroubra will be sold via an online Public Auction at auctionWORKS on Tuesday 8tht March 2022 at 10:30 am (Registration, Livestream and Bidding available).

For further details or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx