12 Hereward Street Maroubra NSW 2035

A rare opportunity in a blue-chip position 200m to Maroubra Beach, this character block of 8 x 2-bedroom apartments is offered for sale in one line. A beachside classic retaining original charm, the undercapitalised two-level building offers huge potential to add value with a contemporary revamp on the doorstep of the renowned surf beach. Situated directly opposite a playground leading to the golden sands and rolling surf at the north end of the beach, this exceptional investment property offers steady yields and capital growth as well as future potential with scope for strata subdivision (STCA). Set on approx. 650 sqm land with one Torrens Title, the property is ideally suited to investors and SMSF buyers seeking a portfolio addition in a prime beachside area with strong rental demand.