307a/1 Kingsway, Cronulla is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 627m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Presenting a unique investment opportunity with a fixed rental income, this quality one-bedroom apartment is located in Cronulla's landmark 'Quest' development. It is surrounded by an array of lifestyle attractions, just footsteps from Cronulla Beach.
Property leased to Quest until 2025, with an additional five by five year option. Return of $24,605.04 per annum.
High Points
Light filled living and dining area lead to well-sized entertainers' balcony
North-east facing aspect overlooking the pool and entertaining area
Granite kitchen with gas cooking and ample bench and storage space
Master bedroom with built-in wardrobes and carpet flooring
Concierge service and lounge facilities year-round
Modern bathroom, internal laundry, lift access and ample storage
Use of the enticing 25-metre pool, spa, sauna and gymnasium
Single Car parking, security cameras and video intercom
Outgoings:
Water Rates - $147 Per Quarter Approx.
Strata Levies - $1,640.10 Per Quarter Approx.
Council Rates: $288 Per Quarter Approx.
For all your home loan needs please give the team at Highland Financial Services a call on 02 9523 2699 or visit www.highlandfinancialservices.com.au
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 12,167 properties.
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