This rare offering can be described as a freestanding commercial building consisting of ground floor retail tenancies with commercial offices on the first floor. The property is leased and divided into five separate tenancies and can be re-developed into residential apartments (s.t.c.a).

Located on the corner of Anzac Parade and Boyce Road in the heart of Maroubra Junction town centre is this trophy asset. The building is neighbouring mixed use residential flats, retail strip and shopping mall

• Freehold corner retail/commercial building located in the heart of Maroubra Junction
• Leased to a diverse range of tenants for $164,118.00 per annum excluding outgoings & GST
• 100% leased investment with the ability to increase rental
• Re-develop into residential apartments subject to council approval
• Located directly opposite Maroubra Central Shopping Centre and council car-parks
• Two level building comprising ground floor retail and first floor commercial suites
• Tightly held market with limited supply and competing properties
• Strong residential/commercial precinct underpinned by existing national and international businesses

Auction 15th October at 10.30am, 50 Margaret Street Sydney

For further information or to arrange an inspection, please contact:

William Gathercole
0403 618 757
William.gathercole@colliers.com