2/1 Mcdonald Street, Cronulla, NSW 2230 sold on 04 September 2025 | OnTheHouse
 
SOLD
Sold on 04 Sep 2025 for $3,550,000

2/1 Mcdonald Street
Cronulla NSW 2230

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3m2
Land area: 6088m2
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Property Details for 2/1 Mcdonald St, Cronulla

Building Type
Commercial
Year Built
1996
Floor Size
3m2
Land Size
6088m2
Local Government
Sutherland
Lot/Plan
12/SP50785

Last Listing description (November 2023)

CBRE as the exclusive listing agent is pleased to present 2/1 McDonald Street, Cronulla to the market. This iconic investment opportunity wedged between North and South Cronulla beach affording elegant water views. The property is currently leased to long-standing tenant Zinc Bar and is primed for potential investors looking to secure an asset with readily cash flow.

2/1 McDonald Street, Cronulla benefits from the following key attributes:


- Long-standing tenant with 2.5 years remaining and 3 x 5 year options available
- Net income of $236,173.96 per annum (Excl GST)
- Complete with a commercial kitchen, grease trap, bathroom amenities and exclusive outdoor area for patrons.
- Iconic location with close proximity to Cronulla Station (600m*).
- Abundance of nearby respected establishments such as Rydges Hotel, Northies Cronulla Hotel and Sea Level Restaurant.
- Benefits from future infrastructure upgrades and town planning amendments, with the refurbishment of Cronulla Plaza as well as mandate to increase the volume of residential homes in the area.

2/1 McDonald Street, Cronulla will be sold via Public Auction at auctionWORKS on Tuesday, 19th of September 2023 at 10.30am.

For more information, to arrange an inspection or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx. ^+GST

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Property History for 2/1 Mcdonald St, Cronulla, NSW 2230

A timeline of how this property has performed in the market
Last Sold
$3,550,000
04 Sep 2025
  • 04 Sep 2025
    Sold for $3,550,000
  • 06 Apr 2025
    Sold for $1
  • 29 Aug 2023
    Listed for Sale Contact Agent
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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 2016 was 18070 people. By 2021 the population was 17899 showing a population decline of 1.0% 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 over $4000 per month on mortgage repayments. In general, people in Cronulla work in a professional occupation.In 2021, 56.90% of the homes in Cronulla were owner-occupied compared with 55.70% in 2016.

Cronulla has 12,185 properties. Over the last 5 years, Houses in Cronulla have seen a 63.52% increase in median value, while Units have seen a 31.38% increase. As at 31 October 2025:

  • The median value for Houses in Cronulla is $3,139,174 while the median value for Units is $1,192,178.
  • Houses have a median rent of $705 while Units have a median rent of $680.
There are currently 27 properties listed for sale, and 22 properties listed for rent in Cronulla on OnTheHouse. According to Cotality's data, 597 properties were sold in the past 12 months in Cronulla.

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