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Block of Units in Cronulla
Another Block Sold by Sydney's Apartment Block Specialists
- 14 Beds
- 8 Baths
- 4 Cars
Set on a prized corner block approx. 580sqm directly opposite Cronulla Golf Club, this is a rare opportunity to acquire an entire block of 8 comprising of 4 x 1br & 4 x 2br apartments. All apartments have been updated throughout with internal laundries and 4 car spaces. With LMR development uplift and just 490m to Elouera beach, shops, cafés and Woolooware train station. Currently returning $208,520pa with scope to increase.
- Boutique block of 8 apartments
- 4 x 2 bedroom + 4 x 1 bedroom apartments
- 4 apartments with private courtyards
- 4 car spaces
- R4 zoning with LMR uplift for later development
- The roof has been replaced in 2024
- Current return: $208,520 per annum
Ray White Double Bay - Exceptional Living Begins Here
Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY
Land:
580m² / 0.14 acres
Parking:
4 garage spaces
Bedrooms:
14
Bathrooms:
8
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