12 Hereward StreetMaroubra NSW 2035
Property Details for 12 Hereward St, Maroubra
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.
Last Listing description (November 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:
- 8 x 2 bedroom apartments with sound tenants in place
- Renovated kitchens & bathrooms throughout offering strong rental return
- Large rear yard with shared laundry facilities
- Easy walking distance to Maroubra beach, shopping strip, schools and parks
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.
Property History for 12 Hereward St, Maroubra, NSW 2035
- 10 Oct 2023Sold for $5,350,000
- 08 Aug 2023Listed for Sale SOLD | REMAX KELLY ROFFE GROUP
- 01 Feb 2023Sold
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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 15,662 properties. Over the last 5 years, Houses in Maroubra have seen a 61.86% increase in median value, while Units have seen a 25.09% increase. As at 31 October 2024:
- The median value for Houses in Maroubra is $3,059,568 while the median value for Units is $1,092,760.
- Houses have a median rent of $1,200 while Units have a median rent of $820.
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