FOR SALE
$680,000 - $715,000

501A/1 Kingsway
Cronulla NSW 2230

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Exceptional Investment Opportunity

Enjoying guaranteed rental yield leased to Quest, this premium one bedroom apartment is ideally located across from North Cronulla Beach.
Features:
- Stone kitchen with gas cooking & dishwasher
- Undercover Balcony with outlook towards the beach
- Ducted air conditioning throughout
- Resort facilities including gym, sauna, spa and 25m pool
- Security car space
- Leased for $36,382 per annum
- Leased to February 2026
- Option of a further 5 years
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Property Details for 501a/1 Kingsway, Cronulla

501a/1 Kingsway, Cronulla is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Chris Burke & Co - CRONULLA.

Building Type
Apartment

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About Cronulla 2230

The size of Cronulla is approximately 5.4 square kilometres. It has 22 parks covering nearly 15.2% of total area. The population of Cronulla in 2011 was 17,041 people. By 2016 the population was 18,098 showing a population growth of 6.2% in the area during that time. The predominant age group in Cronulla is 30-39 years. Households in Cronulla are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cronulla work in a professional occupation. In 2011, 55.9% of the homes in Cronulla were owner-occupied compared with 55.7% in 2016.

Cronulla has 12,163 properties. Over the last 5 years, Houses in Cronulla have seen a 32.21% increase in median value, while Units have seen a 26.10% increase. As at 30 November 2024:

  • The median value for Houses in Cronulla is $2,712,153 while the median value for Units is $1,116,911.
  • Houses have a median rent of $675 while Units have a median rent of $650.
There are currently 28 properties listed for sale, and 47 properties listed for rent in Cronulla on OnTheHouse. According to CoreLogic's data, 541 properties were sold in the past 12 months in Cronulla.

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Suburb Insights for Cronulla 2230

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David Kennedy
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Chris Burke & Co - CRONULLA
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