Cronulla Commercial Property - $319,000 OCEAN VIEWS. HIGH NET RENTAL RETURN. Large studio apartment across the road from Cronulla Beach. Currently leased to a well known hotel group for another 3 years plus there are a further 3 * 5 years options. Rental $16,108 per annum + yearly CPI increases. Most of the outgoings are paid by the tenant, including the strata fees (administrative fund) and the council rates. Situated on the 2nd floor facing the beach. Swimming pool, spa, sauna and gym in the complex. Lift access. Asking $319,000.
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