Maroubra 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 officeSecure basement parking: large double garageImpeccable presentation, inclusive of kitchenette & WCHigh visibility, bustling foot and road trafficLease 3 years commencing March 2023, with further 3-year optionAnnual 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.
Property Information
- Floor area approx 104sqm
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