75 Parraween Street,
Cremorne, NSW 2090
Shops & Retail
Key property information
Land area
Floor area
Property extent
Zoning
Tenure type
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Croll Real Estate - Neutral Bay
179 Millitary RoadNEUTRAL BAY, NSW 2089
75 Parraween Street
Cremorne, NSW 2090
Map of 75 Parraween Street
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.
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.
Cremorne, 2090 demographic data
The median household income for Cremorne is $2,481, 19% higher than Greater Sydney's household income of $2,077. Cremorne has an older age profile compared to the rest of Greater Sydney (median age 40 vs 37). Property ownership data shows 43% of property owners in Cremorne have a mortgage.
11,263
Population
$2,481 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
Croll Real Estate - Neutral Bay179 Millitary Road
NEUTRAL BAY, NSW 2089
NEUTRAL BAY, NSW 2089
Colliers - Sydney NorthLevel 42, 100 Miller Street
NORTH SYDNEY, NSW 2060
NORTH SYDNEY, NSW 2060