Maroubra 298/116-132 Maroubra Road

Sold $630,000

Shopfront in Maroubra Junction Ready Made Investment!

Located in the heart of Maroubra Junction and just footsteps from Pacific Square's shopping and food precinct, this prominent ground floor commercial premises offers a ready made investment opportunity. Operating as a long term laundromat business on a new lease, take full advantage of this rare chance to acquire an established investment that has provided its owners with strong rental returns for over 20 years.

Ground level shopfront of approx 104sqm + parkingCurrent rental yield $650 per week + outgoingsMezzanine level with 2 x store rooms & an officeLarge double garage in secure basement car parkWell presented premises with kitchenette & WCStrong exposure, high pedestrian & road trafficAccess to building facilities including pool & gymCouncil Rates: $1226.25 pa approx
Water Rates: $201.95 pq approx
Strata Rates: $1032.20 pq approx


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 reply upon their own enquiries.

Property Information

  • Floor area approx 104sqm

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Sold

$630,000
Retail

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