Shops 4 & 5, 506 Miller Street,
Cammeray, NSW 2062
Shops & Retail • Offices
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Map of Shops 4 & 5, 506 Miller Street
SOLD AT AUCTION
- New 5 Year Lease
- Longstanding Tenant
- 3% fixed increases
Shops 4 & 5 / 506 Miller Street, Cammeray provides an exceptional retail investment opportunity in a thriving precinct within close proximity to the Sydney CBD.
A brand new 5 year lease has been executed by Discovery Travel Centre commencing 11th May 2017. Having been established over 25 years ago, Discovery Travel Centre is a boutique travel agency. The business has been a longstanding tenant within 506 Miller Street, and occupies a total of over 900sqm including the Penthouse located on Level 3.
Key Investment Highlights:
· Brand New 5 + 3 year lease.
· 169sqm + 1 secure car space.
· Floor to ceiling glazing maximising exposure and light.
· Affordable outgoings.
· Underlying residential development potential.
· 3% Fixed Increases.
· 3 month security guarantee.
· Net Income: $75,800 + GST (approx.)
For Sale by way of Public Auction – Tuesday 26th September 2017, Mezzanine 50 Margaret Street, Sydney NSW 2000
A brand new 5 year lease has been executed by Discovery Travel Centre commencing 11th May 2017. Having been established over 25 years ago, Discovery Travel Centre is a boutique travel agency. The business has been a longstanding tenant within 506 Miller Street, and occupies a total of over 900sqm including the Penthouse located on Level 3.
Key Investment Highlights:
· Brand New 5 + 3 year lease.
· 169sqm + 1 secure car space.
· Floor to ceiling glazing maximising exposure and light.
· Affordable outgoings.
· Underlying residential development potential.
· 3% Fixed Increases.
· 3 month security guarantee.
· Net Income: $75,800 + GST (approx.)
For Sale by way of Public Auction – Tuesday 26th September 2017, Mezzanine 50 Margaret Street, Sydney NSW 2000
Property ID: 502520470Last Updated: 4 Jun 2024
02 9925 00...
Shops 4 & 5, 506 Miller Street
Cammeray, NSW 2062
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