Shop 1, 469 Miller Street, Cammeray, NSW 2062

parkingSpaces 1
|Retail
|Medical/Consulting
$2,000,003
$2,000,003
Published on: 29 Aug 2024
Last updated on: 24 Sep 2024
Shop 1, 469 Miller Street, Cammeray, NSW 2062
Shop 1, 469 Miller Street, Cammeray, NSW 2062
Shop 1, 469 Miller Street, Cammeray, NSW 2062
+17
Shop 1, 469 Miller Street, Cammeray, NSW 2062
  • 17
Property ID: 504676112
Translate to English

Key property information

Zoning
MU1 Mixed Use
Floor Area
141.00 m2
Parking Spaces
1
Tenure Type
tenanted

PRIME RETAIL INVESTMENT LEASED TO LONGSTANDING MEDICAL TENANT

Shop 1, 469 Miller Street, Cammeray, NSW 2062
An outstanding opportunity to secure a prime retail investment in the heart of Cammeray Village. 

Shop 1, 469 Miller Street offers a ground floor showroom with an 8-metre frontage in a high-traffic area, ensuring maximum visibility. Leased to Keiser Training since 2019, this property provides stability and income security with a lease extending until September 2026, and options to renew for an additional 4 years.

Located just 5 km from Sydney's CBD, Cammeray offers exceptional connectivity, making it an attractive location for businesses and investors alike. The property is secured by a 3-month bank guarantee, providing added assurance for the investor.

Key Property Features:
• Prime ground floor showroom with 8-metre frontage on Miller Street
• Leased to Keiser Training since 2019, providing stability and security
• Brand new lease extending until September 2026, with 2 x 2-year renewal options
• Annual rent increases of 3.5%, ensuring consistent income growth
• Net income of $133,089.36 + GST per annum
• 1 secure car space on title
• Conveniently located just 5 km from Sydney CBD with frequent bus services

This property is offered For Sale by private treaty.

Contact us today for more information or to arrange an inspection.

Property Details

Basic Info

Property Type
RetailMedical/Consulting
Listing Status
On Market
Parking Spaces
1
Address
Shop 1, 469 Miller Street, Cammeray, NSW 2062
Nick Lowry
Nick Lowry
Jason Lowry
Jason Lowry
Part Level 2, 20 Burlington Street, Crows Nest, NSW 2065
Get in touch
Report this page

Contact Agent

Email enquiry to Lowry Property Group - CROWS NEST

Nick Lowry
Nick Lowry
Jason Lowry
Jason Lowry
Part Level 2, 20 Burlington Street, Crows Nest, NSW 2065
What's your enquiry about?
Write a message
      By clicking "Submit", you accept our Privacy Policy and acknowledge that as the agent for this property is located overseas, your information may not be handled in accordance with the privacy laws applicable to this website.

      Property ID: 504676112

      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.