301/116-132 Maroubra RoadMaroubra NSW 2035
Property Details for 301/116-132 Maroubra Rd, Maroubra
Last Listing description (December 2023)
Situated in one of the highly coveted suburbs of the Eastern Beaches, right in the heart of Maroubra and adjacent to the Pacific Square Shopping Centre, this represents a prime opportunity to invest in a sought-after ground-floor commercial office or retail space. There are fewer than 10 ground-floor commercial units available in this complex.
The property is part of a mixed-use development featuring over 200 residential units, ensuring a steady flow of foot traffic. This location is perfect for establishing a new or expanding an existing business, and it offers easy access to undercover parking, including both a double and a single-car garage.
The B2 zoning allows for a variety of business uses (subject to council approval), including commercial premises, educational establishments, retail shops, health services, dental clinics, and medical facilities. Adjacent to the property, you'll find Maroubra's largest shopping centre, Pacific Square, which houses numerous high-profile amenities, including Coles, Aldi, CBA, NAB, St George Bank, Australia Post, Fitness First, a medical center, a newsagency, enticing eateries, and much more.
The location is conveniently less than 5 kilometres from Coogee Beach and only 3 kilometres from Maroubra Beach, making it easily accessible to popular tourist destinations and local attractions.
Notable features include:
* $ 36,985 rent per annum + GST expires on 14th June 2025
* Total area 118 sqm - Internal size 70 sqm + Double and single lock-up garage 48 sqm
* Tenant pays all the outgoing ( strata, water & council)
* Wide street frontage and good foot traffic
* Attractive and flexible floorplan
* Available kitchenette and internal bathroom
Outgoings:
Strata $ 1,428 pq
Water $ 125 pq
Council $ 383 pq
Property History for 301/116-132 Maroubra Rd, Maroubra, NSW 2035
- 01 Dec 2023Sold for $800,000
- 05 Sep 2023Listed for Sale For Sale - Contact Agent
- 24 Feb 2023Listed for Sale For Sale
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0About 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 15,660 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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