18 Thomas Street,
Cronulla, NSW 2230
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CBRE - Sydney
Level 21, 363 George StreetSYDNEY, NSW 2000
18 Thomas Street
Cronulla, NSW 2230
Map of 18 Thomas Street
BLOCK OF 10 RESIDENTIAL APARTMENTS IN-ONE-LINE
- Rental Reversion Opportunity
- 500m* to Station & 1km* to Beach
- Revert Rents, strata or refurbish & hold
CBRE as the exclusive sales agent is pleased to bring 18 Thomas Street, Cronulla to market for sale via Expressions of Interest.
The offering comprises a significant block of 4 x 1-bedroom & 6 x 2-bedroom apartments within walking distance of Woolooware Train Station and Cronulla Beach and presents a unique opportunity to acquire 10 apartments in one of Sydney’s most sought after locations.
The asset presents a safe and secure investment with upside and provides an opportunity to capitalise on one of Sydney’s most tightly held rental markets.
18 Thomas Street, Cronulla benefits from the following key features:
• Sensational freehold building in a highly demanded beachside suburb, underwriting Cronulla strong rental market;
• Boutique block of 4 x 1-bedroom & 6 x 2-bedroom apartments;
• Generous storage areas providing potential conversion opportunity;
• Lockup garages and spacious common areas;
• North-facing corner site positioned on 969sqm*;
• Sydney's only beachside suburb serviced by train line;
• R3 Medium Density Residential Zoning, 9 metre Height Limit; 0.7:1 FSR;
• Potential to revert to market rents; strata & sell down (STCA), or refurbish & hold;
• 19km* to Sydney CBD
18 Thomas Street, Cronulla is For Sale with Tender closing Friday, 19 August 2022.
Matthew Fenn
Matthew.Fenn@CBRE.com.au
0416 925 4...
Jason Lowry
Jason.Lowry@CBRE.com.au
0419 277 5...
Nicholas Heaton
Nicholas.Heaton@CBRE.com.au
0408 025 0...
Approximate*
The offering comprises a significant block of 4 x 1-bedroom & 6 x 2-bedroom apartments within walking distance of Woolooware Train Station and Cronulla Beach and presents a unique opportunity to acquire 10 apartments in one of Sydney’s most sought after locations.
The asset presents a safe and secure investment with upside and provides an opportunity to capitalise on one of Sydney’s most tightly held rental markets.
18 Thomas Street, Cronulla benefits from the following key features:
• Sensational freehold building in a highly demanded beachside suburb, underwriting Cronulla strong rental market;
• Boutique block of 4 x 1-bedroom & 6 x 2-bedroom apartments;
• Generous storage areas providing potential conversion opportunity;
• Lockup garages and spacious common areas;
• North-facing corner site positioned on 969sqm*;
• Sydney's only beachside suburb serviced by train line;
• R3 Medium Density Residential Zoning, 9 metre Height Limit; 0.7:1 FSR;
• Potential to revert to market rents; strata & sell down (STCA), or refurbish & hold;
• 19km* to Sydney CBD
18 Thomas Street, Cronulla is For Sale with Tender closing Friday, 19 August 2022.
Matthew Fenn
Matthew.Fenn@CBRE.com.au
0416 925 4...
Jason Lowry
Jason.Lowry@CBRE.com.au
0419 277 5...
Nicholas Heaton
Nicholas.Heaton@CBRE.com.au
0408 025 0...
Approximate*
Property ID: 504108451Last Updated: 2 Dec 2022
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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