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