Property Details: • Type: Block of Units
• Bedrooms: 5 • Bathrooms: 4
Description: Ideally positioned in a tightly held coastal pocket, this outstanding property delivers a rare combination of immediate income and redevelopment potential, just moments from beaches, cafés, shops, restaurants, and transport. Set on approximately 657.6sqm, the site comprises four residential flats on one title and is zoned R3 Medium Density Residential, offering flexibility for future development (STCA). With strong rental demand and long-term growth in a lifestyle-driven location, this is a compelling investment or development opportunity. - Site area approx 657.6sqm (13.715m x 48.19m) - Four self-contained flats to be sold in one line - Currently 1 x two bedrooms flat and 3 x one bedrooms - Solid rental history with potential for income growth - Currently Zoned R3 Medium Density Residential - Outstanding redevelopment opportunity (STCA) - Easy access to local amenities, schools, and recreational facilities - Approx. 230m to Wanda Beach and Surf Club - Approx. 400m to Cronulla Golf Club and 450m to bus stop - Approx. 1.4km to Cronulla Mall and its array of shops, cafes and restaurants. Land: 657.6sqm (approx.) 13.715m (frontage) x 48.19m Water: $691 per quarter (approx) Council: $1594 per quarter (approx) Auction: Onsite Thursday 23rd April 5pm Contact: Ivan Lampret 0416 188 000 or Karla Madgwick 0416 006 524.
