Buy one building or both
First time offered for sale in over 55 years.
Shops 33-35 and 37-39 Cronulla Street sprawl over 877m2 of prime Cronulla Mall real estate, consists of four shops and one office with two secure long-term tenants of over 45 years each. The property provides the opportunity for additional revenue as well as blue-sky development potential.
Showing the strength of tenants and their businesses
Tenants have signed brand new leases of 5 years with options with one requesting a 10-year lease and two have taken more space.
Shops 33-35 income of $265k nett pa
Shops 37-39 income of $297k nett pa
Total nett Rent - $562,000 pa
Perfectly positioned within the Cronulla Mall, directly adjacent to the Post Office, with brand new 5 year leases, Blooms Chemist and Rundles as long term anchor tenants, and 2 tenants taking more space. The property also boasts easy access from the council car park.
Expression of Interest closing 27th May at 12pm
Contact Mathew Cassidy on 0467 855 954