Welcome to our regular section where Shine focuses on “My Street”. it is a local street that you may already live in or may like to live in. We do the research for you. The pros, the cons and how much it would cost to live there.
Where: Prince Street runs adjacent to the beach between north Cronulla and elouera Beaches. it is a street in flux. To a large extent it reflects the changing face of Cronulla. Prince Street, and in fact the whole of the northern Beaches strip along Bate Bay, is undergoing the classic “gentrification” process. Old houses are being demolished to make way for modern beachside apartments.
Why: Lifestyle. Cronulla beaches are a major attraction for swimming, surfing, boating, fishing and other recreational pursuits. The beaches on your front door stretch along Bate Bay from Boat Harbour in the north to Cronulla in the south. The area has been upgraded with a two year project to reconstruct the Prince Street Seawall. Further dune planting work to rehabilitate the area has also been undertaken. Cronulla boasts restaurants and cafes, many with views of the beach and a short walk from Prince Street.
Pros: Sweeping ocean views and amazing sunrises overlooking Cronulla’s beautiful sandy beaches. Prince Street is now secured at night. it has become in effect a gated community. An easy walk to beaches, rock pools, cafes, schools, shops and transport. good value.
Cons: not too long ago the north side of Cronulla was considered the “wrong side of the tracks”. Wise counsel by real estate people was to “buy as far south of The Kingsway and east as you could afford”. This street was home to nomadic surfers living in panel vans and VW Kombi’s each weekend. it could become quite raucous with street parties and cars doing burnouts.
Those days are gone but it still becomes very busy.
how much? Prince Street has a range of property styles to suit varying budgets. They range from original apartments to contemporary duplexes ranging from $365,000 to $3.5 million. expansive ocean views are currently on offer from a stylish three bedroom penthouse security apartment leased at $1,100 per week. The Bathers Beachfront Residences will transform Prince Street. The price guide for each apartment is over $2,550,000
number of units on Prince Street 116
highest price paid – last 3 years $4,125,000
Lowest price paid – last 3 years $525,000