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Lowry Property Group - CROWS NEST

Shop 1, 469 Miller Street Cammeray, NSW 2062

Directions

Shop 1, 469 Miller Street,
Cammeray, NSW 2062

Shops & Retail • Medical & Consulting

Price information

Sale

$2,300,000

Key property information

Floor area

Car spaces

Zoning

Tenure type

Private inspections

to arrange a private inspection.
Lowry Property Group - CROWS NEST
Nick Lowry
Jason Lowry

Lowry Property Group - CROWS NEST

Part Level 2, 20 Burlington Street
CROWS NEST, NSW 2065
Lowry Property Group - CROWS NEST
Shop 1, 469 Miller Street
Cammeray, NSW 2062

Map of Shop 1, 469 Miller Street

Directions
  • Train stations within 5 km of Shop 1, 469 Miller Street, Cammeray, NSW 2062Distance
    Crows Nest Station1.2 km
    Victoria Cross North1.5 km
    St Leonards Station1.5 km
    Victoria Cross South1.8 km
    Wollstonecraft Station2.1 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Shop 1, 469 Miller Street, Cammeray, NSW 2062Distance
    Palmer St Opp Cammeray Public School82 m
    Miller St at Abbott St102 m
    Miller St Opp Abbott St122 m
    Amherst St After Miller St134 m
    Miller St Opp Cammeray Public School170 m
    POWERED BY HERE ©
POWERED BY HERE ©

PRIME RETAIL INVESTMENT LEASED TO LONGSTANDING MEDICAL TENANT

  • Prime Medical Investment
  • 8m retail frontage
  • New Lease to longstanding tenant
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 ID: 504676112Last Updated: 22 Nov 2024

Lowry Property Group - CROWS NEST
Part Level 2, 20 Burlington Street
CROWS NEST, NSW 2065

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