X Commercial is pleased to present 327 Maroubra Road, Maroubra, for sale via a public auction.

Nestled strategically in the bustling heart of Maroubra, this esteemed corner freehold beckons astute investors and discerning buyers with its wealth of possibilities. Offering a rare chance to acquire a meticulously maintained two-storey mixed-use retail/residential building.

X Factors:
• Prime Corner Position: Commands unmatched exposure and visibility from its sought-after corner location.
• Versatile Usage: Seamlessly caters to diverse live/work arrangements, offering both commercial retail space and residential accommodation with brand-new air conditioning units. The residential interior has been freshly painted, enhancing its appeal for various lifestyle needs.
• Convenient Access: Enhanced accessibility via a side street entry on Flower Street.
• Includes three dedicated off-street car spaces.
• Secure lock-up car space for convenient, private onsite parking.
• Retail Space: Presents a spacious ground floor retail area spanning 105.85sqm*, with a lease expiry date of 14/07/25.
• Versatile Residential Property: Features first-floor accommodation with 3 bedrooms and a ground floor with a backyard, offering ample opportunities for renovation. Includes a private gated spacious outdoor decking, ideal for alfresco dining or a children's play area. Lease expiry on 11/03/2025.
• Appeal to Investors: Benefit from a short leaseback option, enabling immediate returns while exploring long-term investment strategies.
• Culinary Potential: Explore the exciting prospect of transforming the ground floor retail space into a vibrant restaurant, complete with existing grease trap infrastructure for added convenience.
• Facilitating a seamless blend of residential and commercial applications.
• Desirable Locale: Located moments from Maroubra Beach, surrounded by parks, schools, and vibrant retail areas, offering an unparalleled lifestyle. Excellent access to public transport, with a bus stop nearby and seamless connections to the light rail.
• Zoning: E1 Local Centre zoning enhances the property's versatility and potential for future development.

This is the opportune moment to establish or expand your presence in Sydney's Eastern Suburbs. Reach out today to schedule a viewing and unlock the untapped potential of 327 Maroubra Road, Maroubra.

Open inspection times are scheduled for Tuesdays from 10:00 to 10:45am and Thursdays from 3:00 to 3:30pm.

Total Income $82,000.00 Per Annum + GST

Auction Details: Tuesday 21st May 2024