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Cronulla 28 Bando Road

bedrooms 7
bathrooms 5
parking 5

Auction, unless sold prior

Entire Block

Capitalise on this incredibly rare opportunity to secure an entire boutique block of five renovated apartments, currently generating a very attractive short term holiday letting income, less than 350 metres* to one of Sydney's best beaches. The building presents the perfect opportunity to secure 5 strata titled apartments in one line and with the potential to later redevelop taking advantage of the high density zoning

High Points

  • ‐ Five strata titled apartments being sold in one line, only moments from beaches, shops and schools
  • ‐ 1 x 3 bed apartment and 4 x 1 bed apartments
  • ‐ Site Area 575.4m² (approx.) Land dimensions 13.71m x 42.24m (approx.)
  • ‐ Zoning R4 high density residential, 1.2:1 FSR
  • ‐ Building Height Limit 16m
  • ‐ Conveniently located on two street frontages
  • ‐ Current income from the 1 bedroom apartments - $199,620 per annum (approx)
  • ‐ Estimated income from letting all apartments out - $300,000 per annum (approx.)

For all your home loan needs please give the team at Highland Financial Services a call on 02 9523 2699 or visit www.highlandfinancialservices.com.au

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AuctionUnless sold prior

Head Office , 25 Kingsway Cronulla

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Highland 170822 0002

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