An unrivaled opportunity to secure one of Cronullas most iconic strata investments with a long standing tenant of over 25 years and located in a popular tourist and beach side suburb. The investment includes a secure lease to 2025 accompanied with a Nightclub Licence which attaches to premises.
o Annual Net Return - $232,618*
o The Size - 726m2*, one of the largest strata premises in Cronulla
o The Tenant - Long term tenant over 25 years in trade, located in the largest venue nightclub in Cronulla with rare 3am licence. Fusion Nightclub has been an institution for many Sutherland Shire locals and Sydney partygoers alike with its bustling beachside location accompanied with the city style vibe and atmosphere. Recently refurbished to provide a more luxe and exclusive feel all patrons are met by some of Australias top DJs and performers making it the place to be in the Sutherland Shire.
o The Location - Cronulla is a beach side suburb in southern Sydney located 26 kilometers south of the Sydney CBD Cronulla is only 17 kilometers from Sydney Airport and is a vibrant and bustling suburb. This affluent coastal town forms part of the Sutherland Shire which is home to some 226,000 residents (ABS ERP 2016)* and Cronulla is the only Sydney beach side suburb with a direct train line to its doorstep.
Expressions of Interest - Closing Friday 10 November 2017, 4pm