298/116-132 Maroubra Road

Located in the heart of Maroubra Junction and just footsteps from Pacific Square's shopping and food precinct, this prominent ground floor commercial premises offers a ready made investment opportunity. Operating as a long term laundromat business on a new lease, take full advantage of this rare chance to acquire an established investment that has provided its owners with strong rental returns for over 20 years. - Ground level shopfront of approx 104sqm + parking - Current rental yield $650 per week + outgoings - Mezzanine level with 2 x store rooms & an office - Large double garage in secure basement car park - Well presented premises with kitchenette & WC - Strong exposure, high pedestrian & road traffic - Access to building facilities including pool & gymCouncil Rates: $1226.25 pa approx Water Rates: $201.95 pq approx Strata Rates: $1032.20 pq approx