National Brand Inspirations Paint | Sydney's Affluent Lower North Shore
Description
CBRE is pleased to present to the market Inspirations Paint, located at 1/89 Parraween Street (Military Road), Cremorne NSW, for sale via Investment Portfolio Auction 184.
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 by Investment Portfolio Auction 184
10:30am AEST Tuesday 12 May 2026
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
*Approx
1 Economy.id
Enquire
Contact agents
Kieran Bourke Senior Director
0417 418 007
Angus Beevers Negotiator
0431 744 830
Ben Parsonage Junior Sales Associate
0455 331 841Enquiry Form
Cremorne, NSW
1/89 Parraween Street/390 Military Road
For Sale by Portfolio Auction
This property is part of Portfolio 184
Price: Contact Agent
Contact agents
-
Kieran Bourke Senior Director
0417 418 007 -
Angus Beevers Negotiator
0431 744 830 -
Ben Parsonage Junior Sales Associate
0455 331 841