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75 Parraween Street, Cremorne, NSW, 2090

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75 Parraween Street, Cremorne, NSW, 2090

75 Parraween Street, Cremorne, NSW, 2090

Properties / Sold / New South Wales / Cremorne
Development Potential

1. Property Summary

Property Type
Mixed Use
Land Area
303.80 m² (*approx)
Selling Method
SOLD: SOLD
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2. Property Highlights

FULLY-LEASED MIXED USE FREEHOLD WITH UPSIDE
  • FULLY LEASED TO DIVERSE TENANTS
  • MULTIPLE VALUE-ADD PROPOSITIONS
  • MIXED USE ZONING + 16m HEIGHT LIMIT

Colliers, in conjunction with Croll Real Estate, are pleased to exclusively present 75 Parraween Street (otherwise known as 372 Military Road), a two-storey freehold investment consisting of three retail suites and two generous 3-bedroom apartments prominently positioned in a coveted Lower North Shore location

Key Highlights:
+ Favourable B4 Mixed Use zoning + 16m height limit
+ Excellent Military Road exposure; prime 9.2m dual frontages
+ Fully leased to 5 long-standing tenants
+ Diverse tenancy mix and staggered lease expiries will minimise risk
+ Multiple value-add propositions including credible rental reversion
+ Surrounded by an abundance of amenity and public car parking

For Sale via Public Auction
+ When: Thursday 17 June 2021, commencing 10:30am (AEST)
+ Where: Cooley Auction Rooms, Dexus Place, Level 5 / 1 Margaret Street, Sydney

For further information and/or to arrange a private inspection, please contact the exclusive listing agents.

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Mixed Use
Land Area
303.80 m² (*approx)
Selling method
SOLD: SOLD

2. Property Highlights

FULLY-LEASED MIXED USE FREEHOLD WITH UPSIDE
  • FULLY LEASED TO DIVERSE TENANTS
  • MULTIPLE VALUE-ADD PROPOSITIONS
  • MIXED USE ZONING + 16m HEIGHT LIMIT

Colliers, in conjunction with Croll Real Estate, are pleased to exclusively present 75 Parraween Street (otherwise known as 372 Military Road), a two-storey freehold investment consisting of three retail suites and two generous 3-bedroom apartments prominently positioned in a coveted Lower North Shore location

Key Highlights:
+ Favourable B4 Mixed Use zoning + 16m height limit
+ Excellent Military Road exposure; prime 9.2m dual frontages
+ Fully leased to 5 long-standing tenants
+ Diverse tenancy mix and staggered lease expiries will minimise risk
+ Multiple value-add propositions including credible rental reversion
+ Surrounded by an abundance of amenity and public car parking

For Sale via Public Auction
+ When: Thursday 17 June 2021, commencing 10:30am (AEST)
+ Where: Cooley Auction Rooms, Dexus Place, Level 5 / 1 Margaret Street, Sydney

For further information and/or to arrange a private inspection, please contact the exclusive listing agents.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

75 Parraween Street, Cremorne, NSW, 2090

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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75 Parraween Street, Cremorne, NSW, 2090 Cremorne