Cronulla Shop 2, 1 McDonald Street  NSW 2230

Secure Investment

Offering a rare opportunity along the North Cronulla beachfront, retail and restaurant precinct, this prominent premises offers a secure investment with a quality long-term tenant.

High Points

  • ‐ 136m2 of net lettable area
  • ‐ 71m2 of secure lock up garages and open storage space
  • ‐ 62m2 of exclusive use of common space
  • ‐ Commanding ocean views from elevated outdoor arena
  • ‐ Zinc Bar, one of Cronulla's popular bar and cafe
  • ‐ Secure lease to 2020
  • ‐ Option to renew for 5 years with further term of 5 years
  • ‐ Market rent review upon each lease term
  • ‐ Annual net income $204,000
  • ‐ Annual outgoings $16,399 payable by tenant
  • ‐ Quality, long term tenants
  • ‐ In the heart of Cronulla's central dining precinct
  • ‐ Terrific location with high pedestrian traffic

Auction Wednesday 14 March, 6.00pm
If not sold prior

For all your home loan needs please give Tim at Highland Financial Services a call on 02 9523 2699 or visit www.highlandfinancialservices.com.au

  • High Points
    • ‐  136m2 of net lettable area
    • ‐  71m2 of secure lock up garages and open storage space
    • ‐  62m2 of exclusive use of common space
    • ‐  Commanding ocean views from elevated outdoor arena
    • ‐  Zinc Bar, one of Cronulla's popular bar and cafe
    • ‐  Secure lease to 2020
    • ‐  Option to renew for 5 years with further term of 5 years
    • ‐  Market rent review upon each lease term
    • ‐  Annual net income $204,000
    • ‐  Annual outgoings $16,399 payable by tenant
    • ‐  Quality, long term tenants
    • ‐  In the heart of Cronulla's central dining precinct
    • ‐  Terrific location with high pedestrian traffic
  • Features
Sold
Contact Agent
Property Details

Retail

Building size: 207.0sqm

Agent
Josh Crealy
02 9523 4333 | 0402 248 186
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