Shop 3 / 506 Miller Street,
Cammeray, NSW 2062

CI Australia is delighted to offer Shop 3, 506 Miller Street, Cammeray For Sale by private treaty.

Shop 3, 506 Miller Street, Cammeray is a prime retail strata investment located in a sought after and tightly held retail strip. Even amidst a pandemic the Miller Street retail strip has zero vacancy. The shopping strip comprises 40 shops all of which are tenanted.

Shop 3, 506 Miller Street is a prime retail shop occupied by Papaya Cammeray, a popular Thai restaurant that has been a much-loved Cammeray institution for over a decade. Papaya is open for lunch and dinner 7 days a week.

Key selling features:
• Located in the heart of the thriving Miller Street village
• New 5 + 5 year lease
• 179sqm + 2 car spaces
• 10m double retail frontage to Miller Street
• Corner position adjacent a pedestrian link
• Exceptional fit out
• Net Income: $140,000 + GST approx.
• Fixed Increases
• Bank and personal guarantees
• 50m to council car park
• Access to grease trap and exhaust

This opportunity is the perfect care-free investment for both passive and SMSF investors.

For more information or to arrange a one-on-one inspection please contact Nick Lowry from CI Australia on 0408 891 376.