Cronulla Auction 597 m2 aprx
A unique opportunity to secure a small potential Apartment Development site, s.t.c.a.
Zoning R4 High Density Residential Floor Space Ratio 1.2:1 Height Limit 16 m
Currently a small two storey block of 4 x two bedroom units producing a total Gross rental return of $1765 pw or $91,780 P.A. aprx
Level corner site just 300 metres from Elouera Beach, part of southern Sydney’s greatest beachside location, encompassing Cronulla, Elouera and Wanda beaches and the Kurnell peninsula.
And close to all other amenities, including Cronulla Mall, cafes, shops, railway station and transport links.
This is an opportunity for the astute developer to deliver a boutique luxury development, s.t.c.a., into the Cronulla apartment market, where premium sales results are currently being achieved.
Cronulla is the premier beachside suburb within the local government area of the Sutherland Shire, located approximately 25 km south of Sydney’s CBD, and is currently showing the strongest growth in apartment sales in the Shire.
It is surrounded by the brilliant blue Pacific Ocean and the pristine white sands of the Port Hacking waterways, enjoying a thriving culinary and café’ culture all within approximately 40 minutes drive from Sydney CBD.
Auction on site Saturday 28th May at 9.45 am
Call Greg Sharp 0409 287 200