G105/25-29 Tonkin St, Cronulla, NSW 2230 | Property Value & History | OnTheHouse
OFF MARKET

Tonkin Street
Cronulla NSW 2230

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Property Details for G105/25-29 Tonkin St, Cronulla

Building Type
Commercial
Local Government
Sutherland

Last Listing description (June 2024)

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 Expressions of Interest.

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

Property History for G105/25-29 Tonkin St, Cronulla, NSW 2230

A timeline of how this property has performed in the market
  • 26 Apr 2024
    Listed for Sale Expressions Of Interest
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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 12,209 properties. Over the last 5 years, Houses in Cronulla have seen a 49.25% increase in median value, while Units have seen a 35.32% increase. As at 31 January 2026:

  • The median value for Houses in Cronulla is $3,250,945 while the median value for Units is $1,237,145.
  • Houses have a median rent of $740 while Units have a median rent of $690.
There are currently 28 properties listed for sale, and 32 properties listed for rent in Cronulla on OnTheHouse. According to Cotality's data, 626 properties were sold in the past 12 months in Cronulla.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.