FOR RENT
$550 pw

15 Maroubra Road
Maroubra NSW 2035

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 40m2
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Available From
Wednesday 14 August 2024| Bond $6,600
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GROUND FLOOR RETAIL / COMMERCIAL SPACE WITH RESIDENCE

Great exposure on Maroubra Road near the corner of Bunnerong Road, this commercial space is in a very popular position within proximity to Westfield Eastgardens.
The surrounding shops are KFC, Pagewood Hotel, Cafes, Laundromat, Hairdressers, with plenty of walk by trade.
The shop was an existing barber shop that was doing really well.
The lease holder may be open to the idea of a silent partnership arrangement - Only for a barber shop.
Great location for a Barber / Hairdresser, Professional Office space.
Transport at door with plenty of street parking.
Currently used as retail showroom but suits a number of uses.
Rent $550 per week plus outgoings - only water and electricity.
$65,000 for the current shop refurbishment with a 4-year lease + 5-year option.
Owner will reimburse $30,000 if the owner takes the shop back after the initial four years. Otherwise, the lease will continue with another 5-year option on the lease.
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Property Details for 15 Maroubra Rd, Maroubra

Building Type
Commercial
Floor Size
40m2

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About Maroubra 2035

The size of Maroubra is approximately 6 square kilometres. It has 23 parks covering nearly 18.2% of total area. The population of Maroubra in 2011 was 29,594 people. By 2016 the population was 30,672 showing a population growth of 3.6% in the area during that time. The predominant age group in Maroubra is 20-29 years. Households in Maroubra are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Maroubra work in a professional occupation. In 2011, 55.3% of the homes in Maroubra were owner-occupied compared with 53.7% in 2016.

Maroubra has 15,758 properties. Over the last 5 years, Houses in Maroubra have seen a 52.38% increase in median value, while Units have seen a 23.07% increase. As at 30 November 2024:

  • The median value for Houses in Maroubra is $2,959,920 while the median value for Units is $1,085,009.
  • Houses have a median rent of $1,195 while Units have a median rent of $823.
There are currently 28 properties listed for sale, and 98 properties listed for rent in Maroubra on OnTheHouse. According to CoreLogic's data, 564 properties were sold in the past 12 months in Maroubra.

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Steve Ahmadi
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Carmenita Green
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