7/502 Miller Street,
Cammeray, NSW 2062
Shops & Retail • Hotel, Motel & Leisure • Showrooms & Large Format Retail
Price information
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Key property information
Floor area
Tenure type
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Map of 7/502 Miller Street
Flawless Retail Investment - 5 + 5 Year Lease
The Tenant - Abbott Street Espresso is a charming little café nestled in between bustling Miller Street and Abbott Street's leafy outlook.
Abbott Street Espresso offers a full range of delicious breakfast and lunch options along with their specialty range of gourmet sandwiches
The Location - Without doubt Cammeray is one of the North Shore's standout shopping locations. The shop benefits from ample customer parking at Miller Lane and boasts surrounding retail giants such as Vintage Cellars, and Harris Farm Market.
The Building - High end mixed use development
Area: 13 sqm internal shop space
Significant outdoor area (exclusive use)
Storage area (exclusive use)
With a net income of $23,205.60 per annum, the property is not only in the affordable price range, but is also ideal for a super fund.
Lease Details & Outgoings
Gross Rental Income: $25,000 p.a + GST*
Outgoings
Council $550.00 p.a
Strata $1,244.40 p.a
Water Nil
Total $1,794.40
Lease Term:5 year lease commencing January 2016, with a 5 year option
Rental Increases: 3.5% fixed annual increases with a market review at the anniversary of the 3rd year
For Sale By Expression of Interest Closing 23rd June 2016 (if not sold prior)
Should you require an investment memorandum or you have any questions please contact
Tom Doran
Associate Director – Retail Sales & Leasing, Project Marketing & Development Sides
(p) 9953 3400
(m) 0407 928 324
(e) tom@dorancommercial.com.au
Abbott Street Espresso offers a full range of delicious breakfast and lunch options along with their specialty range of gourmet sandwiches
The Location - Without doubt Cammeray is one of the North Shore's standout shopping locations. The shop benefits from ample customer parking at Miller Lane and boasts surrounding retail giants such as Vintage Cellars, and Harris Farm Market.
The Building - High end mixed use development
Area: 13 sqm internal shop space
Significant outdoor area (exclusive use)
Storage area (exclusive use)
With a net income of $23,205.60 per annum, the property is not only in the affordable price range, but is also ideal for a super fund.
Lease Details & Outgoings
Gross Rental Income: $25,000 p.a + GST*
Outgoings
Council $550.00 p.a
Strata $1,244.40 p.a
Water Nil
Total $1,794.40
Lease Term:5 year lease commencing January 2016, with a 5 year option
Rental Increases: 3.5% fixed annual increases with a market review at the anniversary of the 3rd year
For Sale By Expression of Interest Closing 23rd June 2016 (if not sold prior)
Should you require an investment memorandum or you have any questions please contact
Tom Doran
Associate Director – Retail Sales & Leasing, Project Marketing & Development Sides
(p) 9953 3400
(m) 0407 928 324
(e) tom@dorancommercial.com.au
Property ID: 501977366Last Updated: 19 Jul 2016
02 9953 34...![realcommercial.com.au logo](/listing-ui-assets/img/rca-logomark.svg)
7/502 Miller Street
Cammeray, NSW 2062
ICS AgencyLevel 1, 5 George St
NORTH STRATHFIELD, NSW 2137
NORTH STRATHFIELD, NSW 2137
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