69-71 Palmer Street, Cammeray, NSW 2062

Occupying a prime corner position, located just 120 metres from the Miller Street shops, this uniquely versatile commercial/residential building is ideally suited to a vast array of small business applications. 

No expense has been spared in restoring and expanding what was once a  traditional 1920s corner shop into a spacious, luxury residence set above two retail premises, multiple offices and a large warehouse/studio.

The residence on the upper level features a sunlit, airy L-shaped living area with a northerly and easterly aspect, flowing to a generous outdoor terrace with district and city skyline views. Soundproofed spotted gum floors, a subzero fridge, Miele ovens and induction stove, double glazing and a range of other quality appointments add a feeling of contemporary opulence. Two ample bedrooms, located away from the living area, have North Sydney skyline views.

The ground level comprises two north-facing shops, an expansive warehouse/studio, four offices, a delightful courtyard and a large paved car-parking area at the rear.

One shop has polished concrete flooring while the corner shop features warmer textures with polished grey ironbark floors and exposed brick interior. Both shops have thick laminated glass windows.

The expansive warehouse/studio encompasses over 130 sqm of polished concrete and was originally constructed as a studio for photographing motor vehicles. It features an elevated four-metre ceiling, two roller shutters for street access, a kitchen, a bathroom and several storage areas. The paved area at the rear is accessed via a motorized sliding gate, and provides off-street parking for six cars.

This unique property offers the savvy buyer a rare opportunity to acquire a home with income stream or to create the ideal basis for launching a wide range of business initiatives.

Features
• Northerly and easterly aspects with bright, airy natural light.
• High-quality finishes.
• Ample use of spotted gum and grey ironbark flooring, polished concrete.
• E1 commercial zoning allowing for a wide range of uses (STCA)
• Opposite Cammeray Public School.
• Versatile layout, accommodation of up to five bedrooms.
• Fully compliant commercial-grade fire system and restored awnings.

Outgoings (approx.):
Council: $2,910 p.q
Water: $371.61 p.q
Land Tax: $10,288.30 p.a * Land Tax adjusted due to vendor occupation