OFF MARKET

12 Hereward Street
Maroubra NSW 2035

Bedrooms: 16
Bathrooms: 8
Car spaces: -
Floor area: 75m2
Land area: 650m2
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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.

Building Type
Unit
Floor Size
75m2
Land Size
650m2
Local Government
Randwick
Lot/Plan
25/DP5220

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:

- 645sqm on title with R3 zoning 2 streets from Maroubra beach
- 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

A timeline of how this property has performed in the market
Last Sold
$5,350,000
10 Oct 2023
Listed for Rent
$450/w
11 Apr 2015
  • 10 Oct 2023
    Sold for $5,350,000
  • 08 Aug 2023
    Listed for Sale SOLD | REMAX KELLY ROFFE GROUP
  • 01 Feb 2023
    Sold
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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 15,657 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:

  • The median value for Houses in Maroubra is $3,050,799 while the median value for Units is $1,105,855.
  • Houses have a median rent of $1,200 while Units have a median rent of $800.
There are currently 56 properties listed for sale, and 87 properties listed for rent in Maroubra on OnTheHouse. According to CoreLogic's data, 552 properties were sold in the past 12 months in Maroubra.

Suburb Insights for Maroubra 2035

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.