Why This Is an Insane Price for This Property | WHAT DO YOU THINK, CHRIS? | Episode 76

3/50 Marine Pde Maroubra

https://www.domain.com.au/3-50-marine-parade-maroubra-nsw-2035-2016910888

Sold for $1.2m. INSANE!!!!! Its 53 sqm with NO BALCONY

Rent circa $550-$600pw = 2.38% – 2.6%

Pros –
* Fantastic location opposite Mahon Pool and the cliffside parklands of Lurline Bay
* Renovated throughout
* Small block of 8
* Sea views
* Large bedroom with large BIR
* Contemporary bathroom with separate bath and shower
* LUG

Cons –
* No balcony
* Share laundry (not a huge con but for $1.2m for. 53 sqm 1 bedder you would want an internal one)

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