Five lettable areas totalling 236sqm (approx.) in floorspaceParking for up to four cars at the rearCurrent income stream with development upside
Centrally located amid Cronulla Plaza's prominent retail and dining precinct, less than 800m (approx.) to the train station, this freehold commercial centre offers buyers numerous creative possibilities. The multi-tenanted property is well-appointed throughout and has a total 350sqm (approx.) of land area, along with a highly convenient location providing ease of access for customers with year-round pedestrian traffic.
This is an excellent opportunity to own a leased retail investment with scope for further development to take full advantage of this premium position and capitalise on its prominent locale. It presents extremely rare investment prospect with exceptional exposure to one of Cronulla's busiest thoroughfares, and is just a couple of blocks to the beach.
A blockbuster streetfront position with direct access onto the mallFeaturing 236sqm (approx.) internal area spread over five separate tenanciesFreehold commercial space on one title - to be sold in one lineParking for up to four cars at the rear, accessed from Surf LaneA prime location with ease of access for customers and staffCurrently tenanted and earning rental income from day oneSignificant upside and expansion potential or redevelopment (STCA)Within 800m to the train station and a few blocks to the beach
Land size: 350sqm (approx.)Zoning: E2 Commercial CentreFSR: 2.1 Height: 20 metres
Outgoings - per annum (approx.)Council $6,200.00Water $1,280.00 Insurance $7,390.00Fire Safety $505.00UCV $2,070,000