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Overview
30-32 Croydon Street
This property presents an exceptionally rare opportunity to acquire a substantial landholding in one of Cronulla's most tightly held and prestigious coastal pockets. Offered as a single line, the combined parcels at 30 and 32 Croydon Street provide a premium development or investment prospect characterized by scale, frontage, and significant planning potential under the Low to Mid Rise Housing (LMR) Policy.
The site benefits from a 22-meter height limit and a floor space ratio (FSR) of 2.2:1, offering considerable scope for redevelopment or enhancement. The combined land size is approximately 1,747 square meters, with a total frontage of about 28.6 meters. Zoned R4 for high-density residential use, this significant landholding offers majority control of unit entitlements and a strong income stream with immediate cash flow.
Existing improvements on the site include two blocks of units: No. 30 comprises 10 units with full unit entitlement available, featuring a mix of two one-bedroom and eight two-bedroom units. No. 32 comprises 11 units, also with full unit entitlement available, consisting of three one-bedroom and eight two-bedroom units.
Strategically positioned within the Low to Mid Rise Housing Policy precinct, the property benefits from favorable planning controls that support a 22-meter height limit and a 2.2:1 floor space ratio. Its premium beachside location supports strong end-product pricing, making it an attractive proposition for developers and investors alike.
Set in one of Cronulla's most desirable pockets, the property is conveniently located just moments from iconic beaches and oceanfront areas, the vibrant Cronulla Mall with its cafes, restaurants, and nightlife, as well as the train station providing direct access to the Sydney CBD. Nearby parks, coastal walks, and recreational amenities further enhance the lifestyle appeal of this location.
This opportunity is defined by lifestyle, scarcity, and sustained buyer demand. Properties of this scale in Cronulla, particularly those with LMR planning upside, are exceptionally rare and highly sought after.
The property is offered for sale by Expressions of Interest, presenting a unique chance to secure a premium development site in a prestigious coastal suburb.
Disclaimer: While all care has been taken in preparing this advertisement and the information contained herein has been obtained from sources believed to be reliable, no warranty, representation, or guarantee is made as to the accuracy, adequacy, or completeness of the information. Prospective purchasers should undertake their own investigations before making any purchase decisions.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Cronulla NSW 2230
Market Insights for Cronulla NSW 2230
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