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Cronulla 2/28 Bando Road

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Entire Renovated Apartment 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.)

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Agents

Laura McKay

Chief Operating Officer

laura@highlandproperty.com.au

0409 450 600

02 9523 4333

Mitchell Wynn

Partner - Sales

mitchell@highlandproperty.com.au

0401 059 310

02 9523 4333

The Highland Difference

Client peace of mind and property success are at Highland’s core. With an exceptional reputation for providing client-centred services, achieving optimal results and delivering a seamless real estate experience, expect premium results as you experience the Highland Difference.

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