28 Bando Rd, Cronulla NSW 2230, Australia

ENTIRE BLOCK

Capitalise on this incredibly rare opportunity to secure an entire boutique block of five renovated apartments, currently generating a very attractive short term holiday letting income, less than 350 metres* to one of Sydney’s best beaches. The building presents the perfect opportunity to secure 5 strata titled apartments in one line and with the potential to later redevelop taking advantage of the high density zoning

HIGH POINTS

‐ Five strata titled apartments being sold in one line, only moments from beaches, shops and schools

‐ 1 x 3 bed apartment and 4 x 1 bed apartments

‐ Site Area 575.4m² (approx.) Land dimensions 13.71m x 42.24m (approx.)

‐ Zoning R4 high density residential, 1.2:1 FSR

‐ Building Height Limit 16m

‐ Conveniently located on two street frontages

‐ Current income from the 1 bedroom apartments – $199,620 per annum (approx)

‐ Estimated income from letting all apartments out – $300,000 per annum (approx.)