Buildings that were once used as migrant hostels, a laboratory, offices and an aquarium, all overlooking Port Hacking, are being offered for rent to business and community organisations.
The trust that manages Hungry Point Reserve is inviting expressions of interest for occupation of the buildings and structures at Hungry Point Reserve, Cronulla.
A number of the buildings at the former fisheries research centre are heritage-listed.
They "represent opportunities to locate a business or a community group in an important cultural precinct", the trust says.
The Hungry Point Reserve Land Manager (trust) recently opened the northern part of the reserve to the community, with residents and visitors enjoying a tranquil park with magnificent water views.
Now, the trust is seeking tenants for the operational part of the site.
Funds generated by the rent from the buildings will be used to maintain open space and buildings and preserve the historical, environmental and Indigenous values of the site.
Trust chairman John Rayner said proposals which were not compatible with the amenity of the adjoining residential area, such as late night venues and events and accommodation, would not be considered.
"We have a good relationship with our neighbours and have no intention to consider proposals which will disturb their amenity," he said.,
Mr Rayner said the trust was also excited with the recent state government announcement that funding will be provided for a waterfront pathway extending from the Esplanade at Salmon Haul via Hungry Point to Darook Park.
There is already a rough track for most of the link, but it is not accessible for people with mobility problems.
Expressions of interest can be lodged from May 1, when the following website goes live: hungrypoint.com.au