Properties / Buy / New South Wales / Cremorne

75 Parraween Street, Cremorne, NSW, 2090

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75 Parraween Street, Cremorne, NSW, 2090

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.com.au

Development Site Summary

  • Auction:
    Auction:
    Thursday 17 June 2021, commencing 10:30am (AEST)
  • Property Area
    Area:
    303.8 m² (*approx)
  • Property Type
    Type:
    Mixed Use,
  • Development Potential
    Development Potential:
    Mixed Use Development Opportunity (STCA)

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Property Map
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