Maroubra 323-325 Bunnerong Road

Located in a convenient and central part of Maroubra, this impressive residential property offers a rare opportunity to invest in a boutique Art Deco style block of six apartments, to be sold in one line.
Occupying a generous 612m2 corner position on a level block, this property is just a stone's throw away from the popular Eastgardens shopping centre, providing residents with convenient access to a wide range of amenities.

With the potential for refurbishment or improvements, and even add more parking spaces (Subject To Council Approval), this property presents a fantastic opportunity to further increase its value and appeal.

Don't miss out on this exceptional opportunity to acquire a substantial residential property in a prime location with great upside and potential. Enquire now to secure this unique offering in this desirable Maroubra neighbourhood, with adjoining sporting complexes and golf courses, with easy access to the eastern distributor and Sydney airport.

Features:
6 x 2 bedroom / 1 bathroom apartments
4 apartments have balconies, 2 apartments with sunrooms
Similar layouts, high ceilings, spacious rooms
Well maintained, spacious apartments in a neat and tidy block
Solid, double brick construction with concrete slab floors
Rear garden and laundry with side drive
Gross rental income of approximately $158,000 per annum
Approximate Annual Outgoings: Council $10,073.40 Water $4,290.08
Two street frontage - 612m2 land with a 26m frontage (all approximate)

Property Information

• Land area approx 612sqm

Property Features

• Car Spaces 1