Sold
House

16 and 16a Maroubra Road MAROUBRA, NSW 2035

Sold on 27 Aug 2012
  • 40 Beds
  • 20 Baths
  • 12 Cars
Agents

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House in MAROUBRA

Deceased Estate - Whole building with possible development potential

  • 40 Beds
  • 20 Baths
  • 12 Cars

This outstanding high profile building is situated only minutes to Westfield Eastgardens and Maroubra Pacific Square Shopping Centre. The building comprises 20 x 2 bedroom character filled older style apartments and 6 lock up shops all currently leased. Great potential to refurbish/strata (STCA) or possible redevelopment site. Outstanding capital growth opportunity exists for this trophy major land holding with passing income.

Annual return $460,402 could easily be improved
Massive land holding 1828sqm approx
Rear lane access
Excellent further development potential
Bus stop at front door

Contact Craig Pontey 0419 40 40 40
Violet Farebrother 0407 669 970

Bedrooms:

40

Bathrooms:

20

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Suburb

MAROUBRA

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