105/506 Miller Street,
Cammeray, NSW 2062

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UNDER CONTRACT - IMPRESSIVE INVESTMENT OPPORTUNITY!

Brand New 2 + 2 Year Lease
Tenant in occupation since 2008
Net Income $15,417.81 + GST

506 Miller Street is located within the affluent suburb of Cammeray which offers the best of both worlds being situated within close proximity to both the Sydney and North Sydney CBD whilst reaping all of the benefits of ‘Cammeray Village’, a vibrant and eclectic area well known for its mix of popular café’s, restaurants, gourmet food stores and speciality shops.

Suite 105 is a commercial strata office with a total NLA of 43sqm. The property presents extremely well benefiting from a modern fit out featuring a glass partitioned meeting room and open plan. A new 2 + 2 year lease has been signed to a long standing financial services and advisory firm whom have been in occupation since 2008.

SIZE: 43sqm
LESSEE: Mammoth Financial Pty Ltd
LEASE TERM: 2 + 2 years
LEASE COMMENCEMENT: 1st August 2016
NET INCOME: $15,417.81 + GST
UPSIDE: 3% Fixed Increases
SECURITY: 3 months rent & personal guarantees

To receive an Executive Summary or to arrange an inspection through please contact Nick Lowry on 0408 891 376.

Auction Details:
Where: Mezzanine Level, 50 Margaret Street, Sydney
When: 20th September 2016
Time: 10:30am

Property ID: 502076330Last Updated: 4 Jun 2024

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