Shop 1, 469 Miller Street,
Cammeray, NSW 2062
Shops & Retail • Medical & Consulting
Price information
Sale - Auction Tue 24 Sep
AUCTION
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Lowry Property Group - CROWS NEST
Part Level 2, 20 Burlington StreetCROWS NEST, NSW 2065
Shop 1, 469 Miller Street
Cammeray, NSW 2062
Map of Shop 1, 469 Miller Street
Train stations within 5 km of Shop 1, 469 Miller Street, Cammeray, NSW 2062 Distance St Leonards Station 1.5 km Wollstonecraft Station 2.1 km Waverton Station 2.2 km North Sydney Station 2.2 km Milsons Point Station 2.7 km POWERED BY HERE ©Bus stops within 5 km of Shop 1, 469 Miller Street, Cammeray, NSW 2062 Distance Palmer St Opp Cammeray Public School 82 m Miller St at Abbott St 102 m Miller St Opp Abbott St 122 m Amherst St After Miller St 134 m Miller St Opp Cammeray Public School 170 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 auction on Tuesday, 24th September 2024, at AuctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney NSW 2000.
Contact us today for more information or to arrange an inspection.
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 auction on Tuesday, 24th September 2024, at AuctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney NSW 2000.
Contact us today for more information or to arrange an inspection.
Property ID: 504676112Last Updated: 29 Aug 2024
Lowry Property Group - CROWS NESTPart Level 2, 20 Burlington Street
CROWS NEST, NSW 2065
CROWS NEST, NSW 2065
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