12 Hereward Street Maroubra NSW 2035

A rare offering in a tightly held community, this entire block of 8 secure apartments is to be sold in one line providing an exceptional investment opportunity.

Located in a sought-after setting in the heart of Maroubra, these apartments offer an immediate steady income stream in a suburb with continued rental demand. Invest now and capatalise in the future with all apartments primed for further renovation opportunities (STCA) created further rental income potential.

Premium Features Include:
- 645sqm on title with R3 zoning 2 streets from Maroubra beach
- 8 x 2 bedroom apartments with sound tenants in place
- Renovated kitchens & bathrooms throughout offering strong rental return
- Large rear yard with shared laundry facilities
- Easy walking distance to Maroubra beach, shopping strip, schools and parks

Particulars:
Outgoings (Approx) PA - $55,000
Current Income (Approx) PA - $227,000
Zoning - R3

First Available Inspection - Monday 21st August 3:00pm - 4:00pm

This solid block of units is in good condition throughout. The building's prime location, condition and low maintenance common areas make this a rare investment opportunity not to be missed.

Contact Matt Roffe or Garry Kelly of RE/MAX today on 0421 742 226 or 0418 230 000. Inspection via private appointment.