12 Hereward St, Maroubra is a 16 bedroom, 8 bathroom Unit. The property has a land size of 650m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
A rare offering in a tightly held community, this entire block of 8 secure apartments is to be sold in one line providing an exceptional investment opportunity.
Located in a sought-after setting in the heart of Maroubra, these apartments offer an immediate steady income stream in a suburb with continued rental demand. Invest now and capatalise in the future with all apartments primed for further renovation opportunities (STCA) created further rental income potential.
Premium Features Include:
Particulars:
Outgoings (Approx) PA - $55,000
Current Income (Approx) PA - $227,000
Zoning - R3
First Available Inspection - Monday 21st August 3:00pm - 4:00pm
This solid block of units is in good condition throughout. The building's prime location, condition and low maintenance common areas make this a rare investment opportunity not to be missed.
Contact Matt Roffe or Garry Kelly of RE/MAX today on 0421 742 226 or 0418 230 000. Inspection via private appointment.
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 15,657 properties. Over the last 5 years, Houses in Maroubra have seen a 67.06% increase in median value, while Units have seen a 26.88% increase. As at 30 September 2024:
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