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  • Sold
FULLY-LEASED MIXED USE FREEHOLD WITH UPSIDE - #1
FULLY-LEASED MIXED USE FREEHOLD WITH UPSIDE - #2
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For Sale

Auction 17th Jun 2021 Cooley Auction Rooms, Dexus Place, Level 5 / 1 Margaret Street, Sydney
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.

Features

Total Area - M
NLA 536 m²* SITE 303.8 m²*
% Leased
FULLY LEASED TO DIVERSE TENANTS
Opportunity
MULTIPLE VALUE-ADD PROPOSITIONS
New Development / Repositioning
MIXED USE ZONING + 16m HEIGHT LIMIT
  • 14/06/2021
  • Contact our experts for details on this transaction