7 Thomas Street, Cronulla NSW 2230

Positioned on a generous and level 607sqm block with a wide 15.24m frontage, this original brick residence presents a compelling opportunity for a range of buyers, including developers, builders, and investors seeking their next project in the sought-after suburb of Cronulla.

The property benefits from R2 zoning that allows dual occupancy developments subject to council approval, opening prospects for subdividing or building a duplex. For those looking to craft a tailored coastal home, the site offers scope to renovate and extend the existing home, or alternatively consider a full rebuild, all with minimal site constraints such as heritage, flood, or bushfire overlays.

The home itself, with three bedrooms and one bathroom, features polished timber floors and high ceilings that reflect its period character, enhancing the space with warmth and charm. The layout includes established gardens and mature greenery surrounding the residence, contributing to privacy and a relaxed garden setting.

• A detached garage and outbuilding provide practical parking and storage solutions, accessed via side driveway with rear yard entry, ideal for family living or hobbyists.
• A spacious grassed backyard complemented by a covered entertaining area offers an inviting outdoor environment for gatherings and quiet leisure.
• Additional lifestyle conveniences include built-in wardrobes, air conditioning, ducted heating and cooling, broadband, dishwasher, and proximity to local beaches, shops, schools, and transport.

Currently leased until January 2027 at a holding income of $1,250 per week, this property stands as a versatile investment or a relocation prospect with near-term income and long-term redevelopment upside. It caters well to investors looking for a steady cash flow with substantial future growth potential or developers aiming to capitalize on the coastal location and dwelling density permissions.