SOLD
Sold on 15 Mar 2024 for $2,855,000

319 Bunnerong Road
Maroubra NSW 2035

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 82m2
Land area: 339m2
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Sold By
WBE Pty Ltd. T/a X Commercial
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Property Details for 319 Bunnerong Rd, Maroubra

Building Type
Commercial
Year Built
1965
Floor Size
82m2
Land Size
339m2
Local Government
Randwick
Lot/Plan
2089/DP752015

Last Listing description (August 2024)

X Commercial are excited to offer 319 Bunnerong Road to market for sale via a public Auction. The Iconic freehold corner site offers a commercial and residential mix with the ground floor currently operating as a mechanical workshop & the first floor a residential apartment, perfect for occupiers or investors to both live/work or work/lease out.

The site is located along Bunnerong Road opposite Eastgardens Westfields and Meriton's Pagewood Estate which will accommodate over 20,000 residents once complete.

KEY X FACTORS OF 319 Bunnerong Road, Maroubra:

Freestanding site area: 371sqm*
Total building area: 341sqm*
Ground Floor: 149sqm*
First level: 192sqm*
Residential apartment - 3 beds,1 bath, laundry, 2 x balconies
Approved & operating mechanical workshop (equipment can be included)
Corner of Bunnerong Road & Kingsford Street
E1: Local Centre Zoning
Offered with vacant possession of ground floor & rolling month to month lease on 1st level
Eastgardens 100m*
Maroubra Junction 1km*
Maroubra Beach 3km*

With many local mechanical workshops closing, this is a fantastic walk-in opportunity for occupiers or investors to take advantage of the current and future growth of this popular & tightly held Eastern Suburbs location.

Auction to be held on the 12th March 2024 @ Auction Works Sydney

*Approx.

To discuss further, arrange an inspection or obtain an IM please contact one of the exclusive X Commercial selling agents below.

Charlie McKenzie - 0416 833 118
Marcus Schraag - 0431 038 291

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Property History for 319 Bunnerong Rd, Maroubra, NSW 2035

A timeline of how this property has performed in the market
Last Sold
$2,855,000
15 Mar 2024
Listed for Rent
$550/w
14 Apr 2010
  • 15 Mar 2024
    Sold for $2,855,000
  • 10 Nov 2023
    Listed for Sale AUCTION 12th March - Auction Works Sydney
  • 17 Feb 2010
    Listed for Rent - Price not available

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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 15,757 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 26 properties listed for sale, and 97 properties listed for rent in Maroubra on OnTheHouse. According to CoreLogic's data, 559 properties were sold in the past 12 months in Maroubra.

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