288 Military Road Cremorne NSW 2090

288 Military Road, Cremorne presents a rare opportunity to secure a high-profile, whole-building investment in Sydney's coveted Lower North Shore. Prominently positioned, directly opposite McDonald's, Wotso, and the Shell Service Station, the property benefits from exceptional exposure and accessibility.
Cremorne is a sought-after commercial and lifestyle hub, offering a vibrant mix of cafes, restaurants, retail, and entertainment options. The area is well-serviced by frequent bus routes providing seamless connectivity to Sydney CBD, North Sydney, and the Northern Beaches, making it a prime location for both businesses and residents.

This modern four-storey asset, completed in 2020, has been designed to provide premium accommodation standards while delivering a secure, long-term income stream for investors. The building comprises 20 high-quality, self-contained studio units, two of which are accessible apartments, plus generous indoor communal spaces. Each apartment is well-appointed with contemporary finishes, offering natural light, excellent ventilation, and timber sunshade privacy screens.
The property is fully leased to United for Care, a registered NDIS disability care provider, ensuring a strong and reliable income stream backed by a government-funded industry.

Financial Investment Summary
+ Secure 5+5 year lease to United for Care (NDIS registered provider)
+ Current net income: $633,910 per annum + GST
+ Commencement date: 1 May 2024
+ Annual increases: Fixed 3%

Key Investment Highlights
+ High-quality purpose-built construction requiring minimal maintenance
+ Strategic blue-chip location with high exposure on a recognisable corner position
+ Premium Lower North Shore asset in a high-demand commercial and residential hub
+ Strong covenant and secure long-term lease with an NDIS-backed tenant
+ Surging demand for disability accommodation in a government-backed sector
+ Exceptional transport connectivity with bus routes linking to Sydney CBD and the Northern Beaches
+ Surrounded by McDonald's, Wotso, Shell, cafes, restaurants, and retail.

For more information or to arrange an inspection, please contact:
Tim Fox 0431 328 989
Lachlan Worthington 0421 777 889