CBRE as the exclusive listing agent is pleased to present 2/1 McDonald Street, Cronulla to the market. This iconic investment opportunity wedged between North and South Cronulla beach affording elegant water views. The property is currently leased to long-standing tenant Zinc Bar and is primed for potential investors looking to secure an asset with readily cash flow.

2/1 McDonald Street, Cronulla benefits from the following key attributes:

- Long-standing tenant with 2.5 years remaining and 3 x 5 year options available
- Net income of $236,173.96 per annum (Excl GST)
- Complete with a commercial kitchen, grease trap, bathroom amenities and exclusive outdoor area for patrons.
- Iconic location with close proximity to Cronulla Station (600m*).
- Abundance of nearby respected establishments such as Rydges Hotel, Northies Cronulla Hotel and Sea Level Restaurant.
- Benefits from future infrastructure upgrades and town planning amendments, with the refurbishment of Cronulla Plaza as well as mandate to increase the volume of residential homes in the area.

2/1 McDonald Street, Cronulla will be sold via Public Auction at auctionWORKS on Tuesday, 19th of September 2023 at 10.30am.

For more information, to arrange an inspection or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx. ^+GST