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, Whatso, 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, Whatso, Shell, cafes, restaurants, and retail
Expressions of Interest Closing
This premium investment opportunity is available via an Expressions of Interest campaign, closing Thursday, 3rd April 2025 at 3:00 PM.
For more information or to arrange an inspection, please contact:
Tim Fox 0431 328 989
Lachlan Worthington 0421 777 889
