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1-6/4 Caronia Avenue, CRONULLA, NSW 2230

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1-6/4 Caronia Avenue, CRONULLA, NSW 2230

1-6/4 Caronia Avenue, CRONULLA, NSW 2230

Properties / Sold / New South Wales / Cronulla
Development Potential

1. Property Summary

Property Type
Residential
Sub Type
Apartment Sites, Townhouse Sites
Land Area
617 m² (*approx)
Selling Method
For Sale: Auction Guide $2,900,000 - $3,190,000
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2. Property Highlights

Entire Block For Sale - One Owner

Located a short walk to Cronulla Beach, mall and train station, this R4 zoned high-density site represents an amazing opportunity for your next key development or an amazing investment opportunity. The building currently consists of four, two bedroom units and two, one bedroom units. All six units are currently tenanted with a rental return of circa $91,000pa.

Apartment current value breakdown:

Unit 1 – 1 bedroom - $550,000

Unit 2 – 2 bedroom - $700,000

Unit 3 – 2 bedroom - $700,000

Unit 4 – 1 bedroom - $550,000

Unit 5 – 2 bedroom - $700,000

Unit 6 – 2 bedroom - $700,000

Total - $3,900,000

High Points

- Amazing development or investment opportunity

- Highly desirable Central Cronulla location

- R4 zoning

- Size – 613sqm (approx.)

- FSR – 1.2:1

- Height – 16m

- Zoning – R4

- Strata titled

- Room in FSR for 350sqm of GFA (approx.)

For all your home loan needs please give the team at Highland Financial Services a call on 02 9523 2699 or visit www.highlandfinancialservices.com.au

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Residential
Sub-type
Apartment Sites, Townhouse Sites
Land Area
617 m² (*approx)
Selling method
For Sale: Auction Guide $2,900,000 - $3,190,000

2. Property Highlights

Entire Block For Sale - One Owner

Located a short walk to Cronulla Beach, mall and train station, this R4 zoned high-density site represents an amazing opportunity for your next key development or an amazing investment opportunity. The building currently consists of four, two bedroom units and two, one bedroom units. All six units are currently tenanted with a rental return of circa $91,000pa.

Apartment current value breakdown:

Unit 1 – 1 bedroom - $550,000

Unit 2 – 2 bedroom - $700,000

Unit 3 – 2 bedroom - $700,000

Unit 4 – 1 bedroom - $550,000

Unit 5 – 2 bedroom - $700,000

Unit 6 – 2 bedroom - $700,000

Total - $3,900,000

High Points

- Amazing development or investment opportunity

- Highly desirable Central Cronulla location

- R4 zoning

- Size – 613sqm (approx.)

- FSR – 1.2:1

- Height – 16m

- Zoning – R4

- Strata titled

- Room in FSR for 350sqm of GFA (approx.)

For all your home loan needs please give the team at Highland Financial Services a call on 02 9523 2699 or visit www.highlandfinancialservices.com.au

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

1-6/4 Caronia Avenue, CRONULLA, NSW 2230

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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