Tightly Held Block with Strong Returns and Future Uplift

Adam Charles is excited to present 956-958 Anzac Parade, Maroubra, a high-performing investment with immediate income, value-add potential, and future development upside in a tightly held Eastern Suburbs location.
Key Highlights: – Block of 6 x 3-bedroom apartments – all with LUG, balconies, and internal laundries – Fully leased annual income of $265,928 with further uplift potential – Solid brick construction, building presents exceptionally well – Significant rental upside through refurbishment and market reversion – Potential for strata subdivision and individual unit sell-down (STCA) – 518sqm* R3-zoned landholding with FSR uplift to 2.2:1 and 22m height (STCA) – 100m to Maroubra Junction, with transport, shops, schools, and cafés nearby – Direct CBD, UNSW & Maroubra Beach access via bus at the doorstep