Newington Towers, Shop 304/116-132 Maroubra Road,
Maroubra, NSW 2035
Shops & Retail
Price information
Sold
$755,000
Key property information
Floor area
Tenure type
Sold on
Map of Newington Towers, Shop 304/116-132 Maroubra Road
Investment Opportunity
This well-located retail shop in the heart of Maroubra Junction has a triple lock-up garage and main road exposure that benefits with retail trade from a large number of residential apartments in the surrounding area. The well-known restaurant is an exceptional investment opportunity currently on a continuing lease.
High Points
- Currently set up as a restaurant
- Fully equipped commercial kitchen and a w/c
- Good seating area can accommodate approx. 40 patrons
- Great opportunity for an astute investor or super nest egg.
- Triple lock-up garage and great for storage, garaging is 58sqm
- Resort facilities, pool, spa, sauna and gym
- Excellent investment with strong rental returns
- Currently leased at $669.00 per week including GST and the tenant pays all outgoings
- On a continuing lease.
- Perfect investment opportunity in a prime location
Approx. Size
Shop area approx. 79sqm
Lock up garages 58sqm
Total Area 137sqm
Approx. Outgoings reimbursed by the tenant as part of the lease.
Water Rates: $140.98 per quarter + usage
Council Rates: $383.80 per quarter
Strata Levies: $1,572.72 per quarter
Inspect: By appointment only with agent
Anthony Rizzo 0418 236 9...
Toni Rizzo 0409 0146 308
For all your home loan needs please give the team at Highland Financial Services a call on 02 9523 2699 or visit www.highlandfinancialservices.com.au
High Points
- Currently set up as a restaurant
- Fully equipped commercial kitchen and a w/c
- Good seating area can accommodate approx. 40 patrons
- Great opportunity for an astute investor or super nest egg.
- Triple lock-up garage and great for storage, garaging is 58sqm
- Resort facilities, pool, spa, sauna and gym
- Excellent investment with strong rental returns
- Currently leased at $669.00 per week including GST and the tenant pays all outgoings
- On a continuing lease.
- Perfect investment opportunity in a prime location
Approx. Size
Shop area approx. 79sqm
Lock up garages 58sqm
Total Area 137sqm
Approx. Outgoings reimbursed by the tenant as part of the lease.
Water Rates: $140.98 per quarter + usage
Council Rates: $383.80 per quarter
Strata Levies: $1,572.72 per quarter
Inspect: By appointment only with agent
Anthony Rizzo 0418 236 9...
Toni Rizzo 0409 0146 308
For all your home loan needs please give the team at Highland Financial Services a call on 02 9523 2699 or visit www.highlandfinancialservices.com.au
Property ID: 504244508Last Updated: 21 Sep 2023
Newington Towers, Shop 304/116-132 Maroubra Road
Maroubra, NSW 2035
Highland Commercial Property6/40 Cawarra Road
TAREN POINT, NSW 2229
TAREN POINT, NSW 2229
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
First Choice Liquor Market, 52-58 Maroubra Road,Maroubra, NSW 2035 1144 m²Shops & Retail • Showrooms & Large Format Retail • Hotel, Motel & Leisure