Corner retail position, with future redevelopment opportunity. Located in Cronulla Street, the main shopping and tourist strip of Cronulla, the area is famous for its beach culture and lifestyle.

Cronulla is the main shopping area for the southern peninsular of the Sutherland Shire, housing a mixture of fashion retail, service providers, fresh food, cafes, bars restaurants.
A freestanding rental building divided into two shops:

53 Cronulla Street 190sqm
55 Cronulla Street 250sqm

Tenancy:
53 Cronulla Street
Hybrid Sports
5×5 years
$150,000p.a net + GST
4% annual increases.

55 Cronulla Street
Rip Curl
5×5 years
$210,000p.a net + GST
4% annual increases

Total income: $360,000p.a net + GST

For further information or to inspect, please contact:

MALCOLM GUNNING
P: 02 9698 0222 M: 0413 872 422
E: mggunningcommercial.com

DANIEL GUNNING
P: 02 9698 0222 M: 0413 051 235
E: dggunningcommercial.com