16-18 Mckeon Street Maroubra, NSW 2035

Offered for the first time in over 47 years, less than 300m from Maroubra Beach, this mixed-use building offers a rare and versatile investment opportunity. Comprising six well-appointed apartments, all with undercover parking and a street-facing retail shop. Block contains 2 x 1br, 2 x 2br and 2 x 3br apartments. A standout opportunity to secure a high-yield, low-maintenance asset in one of the Eastern Suburbs most desirable locations.

• Entire block of 6 apartments + shop with strong exposure
• Comprised of 2 x 1br, 2 x 2br and 2 x 3br apartments
• Updated throughout, all with undercover parking and built in robes
• Secure building, low-maintenance investment
• Prime location moments to Maroubra Beach, shops and transport links
• Currently returning $281,060pa with scope to increase.
• Set on over 626sqm of land with development upside (STCA)

Ray White Double Bay - Exceptional Living Begins Here
Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY