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320-322 Military Road
Cremorne NSW 2090
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Sold on 4 Mar 2021

320-322 Military Road Cremorne NSW 2090

  • Medical / Consulting
  • 559 m²
  • Sold

OUTSTANDING MEDICAL CENTRE INVESTMENT SYDNEY'S LOWER NORTH SHORE

Ray White Commercial Sydney North as exclusive selling Agent is delighted to present this prime healthcare asset located at 320-322 Military Road, Cremorne.

Being offered to the market for the first time, this Torrens Title freehold stratum property is just two years old. Ideally located in the centre of Cremorne's bustling village precinct, the premises is leased to renowned medical operator Osana Healthcare with a 5 year lease and further 5 year option. Osana have undertaken an extensive custom designed fitout with the highest quality furnishings.

The premises has an expansive 16.5 metre* frontage to Military Road and offers one of the largest retail / commercial premises in the precinct with 513 sqm* retail area, 12 sqm* of storage space and 2 x secure car spaces.

Centrally located in close proximity to iconic and long standing retailers including McDonald's, Sushi Train, Cremorne Orpheum Cinema, Fanuli Furniture and North Shore BMW.

This is a fantastic opportunity to acquire one of the lower north shore's finest commercial properties.

Property Highlights:

• Retail area of 513 sqm*
• Storage space totalling 12 sqm*
• 2 x security car spaces
• Prominent 16.5 metre* frontage to Military Road
• Successful Medical Tenant
• 5 year lease with 5 year option
• Current gross income $235,669.44 per annum + GST*
• Surrounded by longstanding leading retailers

*all figures are approximate

For further information or to arrange an inspection please contact Scott Stephens 0409 960 006 or Frank Bird 0417 427 310

Property Highlights

Date Sold4 Mar 2021
Floor Area559 m²
Land AreaAsk Agent
Parking2 x Onsite parkings
Property ID2016103632
Category
Last updated  4 Mar 2021
Map for 320-322 Military Road Cremorne NSW 2090

Nearest transport* to 320-322 Military Road Cremorne NSW 2090

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Property Highlights

Date Sold4 Mar 2021
Floor Area559 m²
Land AreaAsk Agent
Parking2 x Onsite parkings
Property ID2016103632
Category
Last updated  4 Mar 2021

Listed by

Ray White Lower North Shore Group
Call
0299691500

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