Inspirations Paint, 1/89 Parraween Street/390 Military Road, Cremorne, NSW 2090

CBRE is pleased to present to the market Inspirations Paint, located at 1/89 Parraween Street (Military Road), Cremorne NSW, for sale via Private Treaty.

This opportunity has the following key investment highlights:

+ Long net lease to 2033 plus one (1) further five (5) year option extending to 2038
+ Inspirations Paint: Australia's largest network of paint stores founded in 1979, now with 130+ locations nationwide
+ Attractive fixed 3% annual rent increases, ensuring compounding income growth
+ Landlord friendly net lease terms, with tenant responsible for the payment of all outgoings, as per lease
+ Long established business trading in Cremorne for 27* years
+ Immaculate 244sqm* premises improved by 1 valuable secure car space on title
+ Prominent dual street frontage featuring prime exposure to Military Road, a major arterial road with 360,000+ vehicles passing weekly
+ Strategic positioning in Cremorne, just 2.8km* to North Sydney CBD and 6.7km* to Sydney CBD
+ Cremorne: part of the lucrative North Sydney Council, with 104,745 local jobs and a Gross Regional Product of $23.9b¹
+ Net Income: $163,401 pa* + GST

To be sold via Private Treaty

Please contact the exclusively appointed sales team for more information

*Approx
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