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52-58 Maroubra Road
Maroubra NSW 2035
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Sold on 9 Nov 2021

52-58 Maroubra Road Maroubra NSW 2035

  • Shop & Retail
  • 1,144 m²
  • Sold

Freestanding Sydney Coles Group Investment

Single, long-term, passive income stream from top tier tenant.
First Choice Liquor Market: Wholly owned subsidiary of Coles Group (ASX: COL) one of Australia's top retailers with FY2021 sales of $39.6 billion.**
Coles liquor, a blue-chip network of 929 First Choice Liquor Market, Liquorland and Vintage Cellars stores across Australia.
Important freestanding 1,892sqm* site in a popular Eastern Beaches suburb with a trade catchment population of 256,612 within a 5km radius.***
Long established liquor store with recent, tenant-funded upgrade with 21 on-site car spaces.
Significant and strategic site on Maroubra Road within the burgeoning Maroubra CBD, within 750 metres of Westfield, Coles, Aldi, McDonald's, KFC and the $3 billion Meriton Development.****
Brand new 5-year lease plus 8 x 5-year options.
Annual, fixed compounding 2% rent increases, ensuring certain rental growth.
Coles Group responsible for Land Tax (single holding) Council Rates, Water Rates, Public Liability Insurance and repairs and maintenance.
Booming pocket of the Randwick City Council with 16.4% forecast population growth 2031.***
Estimated net rent: $348,467 pa

For Sale by Investment Portfolio Auction
11am (AEDT) Tuesday 9 November 2021

** Coles Group
*** Gap Maps
**** Sydney Morning Herald

AUCTION

Auction date and time09/11/2021 11:00
Auction location52-58 Maroubra Road, Maroubra NSW
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold9 Nov 2021
Floor Area1,144 m²
Land Area1,892 m²
ParkingAsk Agent
Property ID2017305927
Category
Last updated  15 Nov 2021
Map for 52-58 Maroubra Road Maroubra NSW 2035

Nearest transport* to 52-58 Maroubra Road Maroubra NSW 2035

Bus
Tram
Maroubra Rd After Royal St31 m
Maroubra Rd Before Hinkler St53 m
Maroubra Rd At Hannan St213 m
Maroubra Rd After Bunnerong Rd261 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold9 Nov 2021
Floor Area1,144 m²
Land Area1,892 m²
ParkingAsk Agent
Property ID2017305927
Category
Last updated  15 Nov 2021

Co-Agents

Billy Holderhead
Billy Holderhead
Burgess Rawson VIC Pty Ltd
Call
0422 817 696
Rhys Parker
Rhys Parker
Burgess Rawson Sydney
Call
0451 101 042
Dean Venturato
Dean Venturato
Burgess Rawson Sydney
Call
0412 840 222
Zomart He
Zomart He
Burgess Rawson VIC Pty Ltd
Call
0488 220 830

More about 52-58 Maroubra Road Maroubra NSW 2035

52-58 Maroubra Road Maroubra NSW 2035 is categorized as Shop & Retail Property. It has a floor area of 1,144 m² and a land area of 1,892 m². The listing ID for this property is 2017305927.

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