4/54 Ewos Parade, Cronulla NSW 2230

Prime location | boutique block of 8 | water glimpses from balcony | flexible two-bedroom layout | moments to beach and cafes This property offers a rare combination of boutique block exclusivity and genuine lifestyle positioning in Cronulla, where supply of well-configured apartments under 10 units is structurally limited. The 58 sqm internal footprint with a 15 sqm garage provides a competitive floorplate for the area, and the oversized covered balcony functions as de facto additional living space,a feature that typically commands a premium in this market. The current one-bedroom configuration, easily revertible to two bedrooms, gives the buyer optionality: hold it as a spacious one-bedder for owner-occupier appeal, or convert for higher rental yield and broader tenant demand. The property suits downsizers seeking lock-and-leave convenience without compromising on outdoor space, or investors targeting the enduring appeal of Cronulla’s tightly held beachside precinct. The main risk is the shared laundry and the absence of internal laundry space, which may deter some owner-occupiers and could be a minor friction point in resale. Strata fees at $1,618 per quarter are reasonable for a block of this age and size, but buyers should confirm the sinking fund balance and any upcoming special levies. The conversion back to two bedrooms involves modest cost and no structural changes, making it a low-capital upside play. The property holds well as a long-term hold given Cronulla’s supply constraints and steady demand from both owner-occupiers and renters; use it as a lifestyle base or a reliable income-producing unit with clear exit optionality.