On offer for the first time in over 50 years and situated on approximately 674.1sqm land in the sought-after suburb of Maroubra is this rare opportunity to acquire a beautifully renovated family home and outstanding investment opportunity.
Occupy whilst reaping the benefits of the impressive rental income from the established Maroubra Swim School. Additional Street access via Glanfield Street adds an extra plus to this one-of-a-kind offering. Situated just minutes from the Pacific Square shopping hub and the shores of Maroubra Beach, cafes, the coastal walk and schools.
- Home and income opportunity on total land area of 674.1sqm
- Free-standing two-level home with separate access to the swim school
- Recently renovated 4 bedroom house
- Impressive master retreat with large walk-in-robe & ensuite
- Fully equipped swim school with play area, change-rooms, showers & toilets
- Dual Street access from Maroubra Road and Glanfield St
- Ample parking for up to 6 cars
- North Facing backyard
- Rental income from Maroubra Swimming School is $220,000 p.a + GST + outgoings with the potential of further income from the residence approx. $72,800 p.a.
- Under a long term lease with Maroubra Swimming School 10 + 5 + 5 year lease