298/116-132 Maroubra Road Maroubra NSW 2035

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 office
Secure basement parking: large double garage
Impeccable presentation, inclusive of kitchenette & WC
High visibility, bustling foot and road traffic
Lease 3 years commencing March 2023, with further 3-year option
Annual 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.