SHOP 1, 332-346 Military Rd, Cremorne, NSW 2090

Retail

Sold $800,000

  • Property ID: 433855
  • Floor Area: 48m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 19/01/2024 48m2 N/A $825,000
This property presents an attractive opportunity for owner-occupiers or investors!

Retail opportunity located at 1/332-346 Military Road, Cremorne. The property is being offered for sale by Private Treaty and presents an attractive opportunity for owner-occupiers or investors. Here are the key details:

High Exposure: The property enjoys a high level of exposure to Military Road, a prominent thoroughfare in Cremorne. This offers excellent visibility and the potential to attract a significant amount of passing foot and vehicle traffic.

Lettable Area: The retail space has a lettable area of approximately 48 sqm*. This provides ample room for various retail or commercial uses.

Vacant Possession: The property will be sold with vacant possession, providing flexibility for the buyer to occupy the space or lease it out to a new tenant.

Front and Rear Access: The property features both front and rear access, allowing for convenient entry and exit.

Current Use: The space is currently operating as a dry cleaner outlet. However, it can easily be adapted to suit different business types or converted for alternative uses.

Prime Location: Situated in the heart of Cremorne's bustling village precinct, known as Cremorne Plaza, the property benefits from its central position. It is surrounded by iconic and long-standing retailers, including McDonald's, Sushi Train, Cremorne Orpheum Cinema, Fanuli Furniture, and North Shore BMW. This vibrant location offers a strong customer base and a thriving commercial environment.

This retail opportunity in Cremorne Plaza presents an attractive investment prospect or a chance for owner-occupiers to establish a presence in a prime location with high exposure and proximity to well-established retailers. For more detailed information or to arrange a viewing, please contact Patrick 0417 388 621.

Disclaimer: Whilst every effort has been made to ensure the accuracy of the information provided by our vendors, Patrick Cowie Real Estate makes no statement, representation or warranty and assumes no legal liability in relation to the accuracy of the information provided. Prospective tenants are advised to carry out their own due diligence and investigations.

Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website or the information about the property contained on the Website.

Property Code: 334

Cremorne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $646 ---
Offices --- $646 ---
This is the average advertised price, rent and yield for Cremorne, NSW 2090*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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