7/502 Miller Street,
Cammeray, NSW 2062

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