G105/25-29 Tonkin Street Cronulla NSW 2230

A rare opportunity exists to purchase one of the best located restaurants in the Sutherland Shire with Waterline By the Bay exclusively offered to the market for the first time since the construction in 2020. From the moment you walk through the front door you are instantly transformed by the native Australian landscape which is impeccably tied together with the cedar, sisal & sandstone finishes, to the balcony which overlooks the tranquil waters of Gunnamatta Bay. This culinary gem is nestled in the heart of Cronulla and features a stunning 140m2* space (plus storage), this meticulously crafted property boasts a harmonious blend of indoor and heated outdoor seating, offering patrons the choice to immerse themselves in the warmth of the interior or relish the gentle breeze on the terrace.

This property has been the home to Waterline by the Bay since construction which has a strong focus on creating memorable experiences within the relaxed environment whilst the best available produce is served by their award winning chefs. They have loved this home and have exercised their option for a further 4 + 4 year period commencing 1/3/24 which sees the new net rental commencing at $146,073* with all outgoings being covered by the tenant.

Rarely do opportunities like this become available to invest in your own piece of Cronulla's landscape, this property is being offered for the first time via an exclusive Expressions of Interest campaign closing Wednesday 29th May, 2024 @ 4pm.

Additional highlights of the asset include:

• Exclusive opportunity to invest in Cronulla's premium dining offering
• 140m2* offering with luxurious interiors and stunning views
• Perfect indoor and heated outdoor spaces accomodating 70pax
• New 4 + 4 year lease with net income $146,073*

For further information, please contact the exclusive selling agents below.

*Approximately