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Overview
This property represents a rare opportunity to acquire a substantial land parcel in one of Cronulla’s most sought-after beachside enclaves. Nestled quietly at the end of a peaceful cul-de-sac and only moments away from the iconic Wanda Beach, the site invites versatility and a wide range of possibilities for buyers with diverse plans.
With a generous land size of approximately 657.6 square metres, including a 13.7-metre wide frontage, the property currently consists of four self-contained, single-level flats unified on a single title. This setup not only offers immediate rental income with an established rental history but also exceptional potential for redevelopment subject to council approval under its R3 Medium Density Residential zoning.
The existing accommodation comprises a combination of one two-bedroom flat and three one-bedroom units, ideal for investors seeking a secure income stream or developers exploring medium-density housing opportunities in a prime coastal setting. Alternatively, the sizeable landholding could support the creation of an impressive luxury family residence, appealing to those who value proximity to the beach combined with privacy and the scope to design a bespoke home.
- Rare beachside landholding with substantial frontage and depth to maximize design potential.
- Four spacious, self-contained flats currently providing strong, immediate rental returns.
- R3 Medium Density Residential zoning opens doors for redevelopment or expansion (STCA).
- Suitability for a range of buyers including developers, land bankers, investors, and families alike.
This unique property balances immediate income benefits with long-term growth possibilities, making it a compelling proposition for discerning buyers looking to secure a foothold in Cronulla’s premium coastal market.
Local Market Insights
In Cronulla, Quiet Listings observed 18 new houses entering the market over the last 30 days, down from 38 during the previous 30-day period, with an average advertised asking price of $4,138,889. The property type mix of listed properties is predominantly Apartments at 56%, followed by houses (28%), and units (5%). The most active agency for houses in the Cronulla area is currently Highland, representing 50% of new listings, followed by Abode Property Agents with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Cronulla NSW 2230
Market Insights for Cronulla NSW 2230
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