PRIME CRONULLA DEVELOPMENT SITE (STCA) - 180M TO BEACH & TOWN CENTRE (STCA)

Located a mere 180 metres (approx.) from Cronulla's town centre, as highlighted in the recently approved State Government LMR Housing code, this level site offers exceptional scope for the astute developer/builder to create their own boutique apartment block (stca).

Recent changes under the LMR policy provide for an increased maximum floor Space Ratio of 2.2:1 and revised maximum height limit of 22 metres (or 6 storeys) STCA. Coupled with an exceptionally convenient position, a short stroll to Cronulla's vibrant centre and sparkling beaches, this unique site will prove popular to an array of developer/builders and future occupants of any completed new dwellings.

Land size of the existing block is 676.6m ² approx., with a frontage of 17.06m approx. Current Zoning is R3 (medium density residential). The existing 3 bedroom home is currently leased, providing for medium term holding income.

> Land size of approx. 676m², with a frontage of 17.06m approx
> Potential under State Govt LMR Policy for maximum 22 metre height limit and floor space ratio of 2.2:1(stca)
> Conveniently located site, approx. 180m from Cronulla centre
> Scope to build a boutique apartment block
> Future occupants will enjoy Cronulla's vibrant centre, beaches and rail transport.

For further details, please contact Peter Leckie 0414 419 328 or Suzanne Hibberd 0414 344 222