71-73 Cronulla Street Cronulla NSW 2230

The subject property is located within the "Golden Triangle" of the Cronulla retail strip precinct. It is within 200m distance to Cronulla Train Station and very close to Cronulla Beach. The property has two street frontages to Cronulla Street along with Croydon Lane yet it is also strategically located on an alley way that links Croydon Lane to Cronulla Street.
The property is located within extremely close proximity to major national and local food tenants which include CBA, F45, Crust, Salt Meat & Cheese, Hot Dollar and Woolworths.

This tightly held retail precinct is highly sought after and there have been some recent sales in close proximity highlighting record rates for the area.

The property consists of three levels which includes lower ground, ground floor and first floor.

The lower ground and ground floor is currently leased to Capital Bluestone for the purpose of a display suite and office for their Woolooware Bay development and the first floor is currently vacant.

Key features include:
- Total building area of 512m²
- Total land area 234m²
- Current gross income of $226,600 per annum + GST across the ground floor and lower ground floor.
- Ability to increase gross rent a further $105,000 per annum + GST (Rent previous first floor tenant was paying)
- B3 Commercial Core Zoning
- 2.5:1 FSR + 20m height limit
- Two street frontages plus frontage to alley way linking Croydon Lane to Cronulla Street
- Ability to be owner occupied in the short to medium term if required
- Excellent street presence and exposure
- High quality existing fit out and finishes throughout the building

For further information or to arrange an inspection please contact the exclusive selling agents:

Trent Gallagher
0432 242 063

Edward McFarland
0401 868 376