Maroubra 2 Severn Street

Beach Apartment Block with beautiful beach/water views.

Although Building was completed approximately 5 years ago, the original PCA (Practising Certifying Authority) lost his accreditation on another project during this construction and was ineligible to sign off on OC (Occupation Certificate). This will provide an excellent opportunity for a savvy buyer with a PCA, to buy below cost and upgrade building for Strata while allowing the owner to offset Capital Gains Tax.

Opposite Maroubra Beach, this modern boutique development on approx. 405sqm land, has 3 x 3 bedroom apartments each approximately150sqm internal floor area and no common walls, boasts beach and ocean views from all bedrooms and living areas.

Master bedrooms have own balcony, en-suite and walk-in robe. Bedroom have built-in mirrored robes.Bright and sunny with an energy efficient design for cross-flow ventilation, Daikin Air-Con split units are included for extra comfort if desired.Secure basement car-park allows for 1 space per apartment plus 1 visitor, plus each apartment has a lock-up storage cage of approx 3sqm.A concealed space ready for installation of a Stallion Elevator- not an OC requirement.Located near to schools, shops, cafes, transport and within easy access to the Airport, CBD, Motorways & other beaches - a home here, is close to resort-style living at it's best!
NOTE: 1. Effective February 2013, Randwick Council's LEP/DCP allows for larger F.S.R. and Height increase from existing 9 metres to 12 metres. Hence, Subject to Council Approval, it may be possible to add a pop-up allowing for another master room with en-suite above Unit 3 and capture even more breathtaking views.

2. Unit 3 /10 Severn Street Maroubra sold for $1,850,000 in November 2015.

"Owner suffered a stroke and is under care – Will be Sold!"

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

Property Features

• Garages 4