79 Duncan Street, Maroubra

15 8 8 Apartment
Sold

BLOCK OF 8 STRATA APARTMENTS, EACH WITH PARKING - TO BE SOLD IN ONE LINE

It would be hard to find a better investment than this solidly constructed, three storey block of apartments in a lovely parkside street just two blocks from Maroubra Beach. The block comprises 1 x 3 bedroom, 5 x 2 bedroom & 2 x 1 bedroom units, each with a balcony and all varying in size and layout. Two are vacant and six are occupied on expired leases, offering good potential to upgrade the property and increase the income. The outlooks are pleasantly open, with some superb district views, and ocean views from the top floor. This is an ideal opportunity to acquire a solid investment for the future or to renovate & resell.

Held by the same owner for many yearsBlock of 8 Strata apartments with balconies1x3br, 5x2br, 2x1br, different shapes/sizes3 LUG's (1 double), 4 undercover + 1 carport, storageCommon garden/drying area at rearPotential to upgrade & increase rents6 tenants remain on expired leases50 m to park, 2 blocks to Maroubra Beach
Council Rates: $2,154.97pq
Water Rates: $1,171.68pq

Property Features

  • Garages 8

Interested in this property?

Mark Daley
Licensed Real Estate Agent & Auctioneer
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Suburb Guide

Maroubra

One beach south along the coast from Coogee, Maroubra is quieter and less densely populated than its neighbour Bondi. Its beachfront promenade sports only a few cafes, rather than a hectic waterfront strip, and its laidback, down-to-earth atmosphere is favoured by families.

Highlighting its rapid development in the 1920s, classic California bungalows and solid brick homes are the most common in the area. The '60s and '70s saw the construction of numerous apartments, with many exclusive residences springing up, reflecting the area's increasing stature.

While the beachfront is not nearly as developed as other Eastern Suburbs beaches, its white sands and renowned surf breaks prove attraction enough. Its main shopping hub, Maroubra Junction, is located along with main artery of Anzac Parade, which contains a large shopping complex with all amenities, eclectic eateries and a host of sporting clubs and facilities, highlighting the active nature of its residents.

Located 10 km south of the CBD, Maroubra is well serviced by schools and transport, with a campus of the University of New South Wales located nearby.

Suburb Features

Education

  • Lycée Condorcet - The International French School Maroubra
  • Maroubra Bay Public School
  • Mount Sinai College
  • South Sydney Boys High School
  • St Aidans Primary School
  • St Mary St Joseph Catholic Primary

Recreation

  • Arthur Byrne Reserve
  • Coral Sea Park
  • Gollan Park
  • Heffron Park
  • Hensley Athletic Field
  • Jellicoe Park
  • Latham Park
  • Nagle Park
  • Quarry Reserve
  • Snape Park

Restaurants

  • Bazara Bar and Restaurant
  • Golden Unicorn Chinese Restaurant
  • Kokoroya Japanese Restuarant
  • Pavilion Beachfront
  • The Grumpy Baker
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