Cronulla 53-55 Cronulla Street  NSW 2230

RETAIL INVESTMENT

Commanding a prominent corner position within the main retail strip of Cronulla. This property is a rare opportunity to acquire a premium retail investment featuring a rare three street frontages: Cronulla Street, Purley Place and a rear lane.
The property has been a secure investment for our current vendors, with an approx income of $450,000 per annum. With favourable town planning controls and the three street frontages providing excellent light and ventilation. Offering incoming purchasers the development upside provided by the property. Option to occupy, build or lease out.

Situated in the heart of Cronulla, the property is walking distance to the sparkling blue waves of Cronulla Beach and a huge selection of bars, cafes, pubs and restaurants. Accessibility is also fantastic, with the property backing onto a 474 space council car park, metres from Cronulla Train Station and multiple bus stops.

High Points:

  • ‐ Triple street frontage
  • ‐ Price guide 9.5 – 10m
  • ‐ High exposure corner location
  • ‐ Situated on Cronulla's main retail strip
  • ‐ Site Area: 445sqm* Floor Area: 425sqm*
  • ‐ B3 zoning, FSR 2:1, height limit of 16m
  • ‐ Potential land banking opportunity
  • ‐ Approx. potential net income of $450,000* per annum
  • ‐ Favourable planning controls present development upside
  • ‐ Great accessibility to multiple transportation options
  • ‐ Walking distance to Cronulla Beach and a huge selection of amenities
  • ‐ figures are an approximate.

  • High Points
    • ‐  Triple street frontage
    • ‐  Price guide 9.5 – 10m
    • ‐  High exposure corner location
    • ‐  Situated on Cronulla's main retail strip
    • ‐  Site Area: 445sqm* Floor Area: 425sqm*
    • ‐  B3 zoning, FSR 2:1, height limit of 16m
    • ‐  Potential land banking opportunity
    • ‐  Approx. potential net income of $450,000* per annum
    • ‐  Favourable planning controls present development upside
    • ‐  Great accessibility to multiple transportation options
    • ‐  Walking distance to Cronulla Beach and a huge selection of amenities
    • ‐  figures are an approximate.
  • Features
For Sale
For Sale
Property Details

Retail

Building size: 421.0sqm

Agent
Paul Ephron
02 9327-1000 | 0425 201 080
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