Riding The Crest In North Maroubra

4 Feb 2022

A coastal suburb where surfing reigns supreme, Maroubra is attracting ever-growing demand from buyers looking for a quieter lifestyle away from the throngs and traffic of Coogee and Bondi. One of the most desirable spots along the 1km stretch of beach is at the northern end where you’ll find the idyllic Mahon Pool and the tranquil seafront pocket at Lurline Bay. This week, Christian West and his team achieved a new suburb record with the sale of the oceanfront penthouse at 4/134 Marine Parade, Maroubra which sold for $5.025m after less than two weeks on the market.

If you’re looking for a dream home with endless views and every luxury, Christian and Alexander Phillips’ listing at 28 Marine Parade, Maroubra overlooks Lurline Bay with an uninterrupted panorama that stretches along the coast over Wedding Cake Island to Bondi Beach. Accessed via a private road and with the coast walk literally at the doorstep, the five-bedroom home is crowned with a rooftop terrace that commands unrivalled views along the eastern coastline. Christian says, “This really is a pocket of paradise with a connection with nature and the ocean spectacle that is rare to find. The current owner moved from Bronte seven years ago and wishes she’d done it sooner. Come and check it out and see for yourself why Lurline Bay is such a magic place to live.”

Christian and Alexander have just listed one of the most incredible opportunities to hit the market in decades. Opposite Mahon Pool at 100 Marine Parade, Maroubra, the block of six two-bedroom apartments is for sale in one line and offers a multitude of options from creating three or four luxury residences to renovating the existing apartments. Christian says, “The vendor’s father purchased his first apartment in the block back in 1978 and was so besotted by the location and lifestyle that he started buying them up one at a time until he owned the whole block. With a 14m frontage to the ocean and 450m down to the surf, this is a once-in-a-lifetime opportunity to secure an invaluable beachside land asset with huge capital growth potential.”

Christian says that Maroubra is finally getting the attention it deserves but there’s still plenty of room for growth and his listings are selling fast. Last month, he sold 9 Kitchener Street, Maroubra for $2.5m after only nine days on the market and 10 Cobham Street, Maroubra sold in under two weeks for $2.1m which saw the vendor achieve 75% growth in less over a year!

Young families looking to buy into the suburb should check out Doreen Wilson’s listing at 26 Paine Street, Maroubra which is set in a quiet neighbourhood on just under 330sqm and comes with a buyer’s guide of $2.2m. With a north facing garden and double garage with scope to accommodate a home office, the three-bedroom home is ready to move straight in but comes with an upside as there’s potential for a second storey (STCA).

This week the sales team secured 17 sales with an average price of $3m and listed 25 new properties. Take care, stay safe and keep connected.