5 Tonkin St Apartment Building For Sale Cronulla, NSW 2230

This rare bayfront development site offers an exceptional opportunity in the heart of Cronulla, just steps from the pristine shores of Gunnamatta Bay. Positioned with three wide aspects to the North, East, and West, the property delivers uninterrupted panoramic water views and is surrounded by high-end residential and mixed-use developments. With a generous land area of approximately 1,290 m², three street frontages, and only one adjoining neighbor, the site provides outstanding design flexibility for future projects.
Zoned E2 Commercial Core under SSLEP 2015, the property allows for a Floor Space Ratio of 2:1 and a height limit of 25 meters, creating scope for a landmark apartment building, boutique hotel, or premium retirement living (subject to council approval). Its prime location ensures unparalleled connectivity, being adjacent to Cronulla’s beachside train station, ferry terminal, and vibrant retail mall. Future occupants will enjoy immediate access to Cronulla’s renowned surf beaches, rock pools, and waterfront dining, all within a short walk.
This is a rare opportunity to secure a waterfront development site in one of Southern Sydney’s most desirable coastal precincts, offering long-term value and strong demand fundamentals.