16 and 16a Maroubra Road, MAROUBRA NSW 2035

This outstanding high profile building is situated only minutes to Westfield Eastgardens and Maroubra Pacific Square Shopping Centre. The building comprises 20 x 2 bedroom character filled older style apartments and 6 lock up shops all currently leased. Great potential to refurbish/strata (STCA) or possible redevelopment site. Outstanding capital growth opportunity exists for this trophy major land holding with passing income. Annual return $460,402 could easily be improved Massive land holding 1828sqm approx Rear lane access Excellent further development potential Bus stop at front door Contact Craig Pontey 0419 40 40 40 Violet Farebrother 0407 669 970