372A Military Rd, Cremorne

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Fully Leased Mixed-Use Freehold With Upside

Croll Real Estate in conjunction with Colliers, are pleased to exclusively present 75 Parraween Street Cremorne (otherwise known as 372 Military Road), a two-storey freehold investment consisting of three retail suites and two generous three-bedroom apartments. The property is prominently positioned in a coveted Lower North Shore location. 

Key Highlights
  • Favourable B4 Mixed Use Zoning + 16m height limit
  • Building Size 536m2 with Land Area 303.80m2
  • Excellent Military Road exposure, prime 9.2m frontage
  • Regularly shaped parcel of land in coveted dual-street position
  • Fully-leased to five long-term tenants incl. residential & commercial
  • Three retail suites on street level, two residences on upper level
  • Diverse tenancy mix with staggered lease expiries
  • Multiple value-add propositions including credible rental reversion
  • Enjoys strong natural light from north-facing aspect
  • Surrounded by an abundance of amenities incl B-Line bus service
  • Adjacent to 57-space public car parking in Parraween Street
  • See Information Memorandum (IM) for all property details.

 
No warranty is given to the accuracy of the above information. Interested parties should satisfy themselves as to the truth or accuracy of all information given by conducting their own searches, inspections etc. or as otherwise necessary.


Solicitor: McDonald and Partners: 6672 1266, PO Box 115 Murwillumbah NSW 2484, deborah@mcdonaldandpartners.com.au

Please note we have obtained all information from sources we believe to be reliable, however we cannot guarantee its accuracy. Prospective purchasers/tenants must rely on their own enquiries in this regard. We will not accept any liability for any incorrect representation(s) claimed to be made that has not been confirmed in writing with the agent prior to the purchaser/tenant exchanging contracts.