Shop 3/506 Miller Street, Cammeray, NSW 2062

Retail | Hotel/Leisure | Other

Sold $1,900,000

  • Property ID: 313158
  • Floor Area: 179m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 10/12/2018 179m2 N/A Contact Agent
Prime Cammeray Retail Investment

Raine and Horne Commercial in conjunction with Primus DMS are pleased to offer for sale by public auction shop 3, 506 Miller St Cammeray.

The property is leased to a well-established Papaya restaurant group that have a number of restaurants in Sydney and presents as an outstanding opportunity to secure an investment property in an excellent position with the lease running through to 2026 this is truly a rare opportunity to acquire a sought-after retail investment.

This outstanding investment opportunity is well positioned in Cammeray's retail hub and is surrounded by long standing and successful cafes and retailers including About Life Organic Supermarket, Coles Supermarket, Harris Farm, Hudson Meats, Maggio's and Stockland's Cammeray Shopping Centre.

Key selling points:
- Building area 170 sqm (approx.)
- Lease term - Five (5) + Five (5) years
- Current rent - $165,291 pa plus GST (Rent Increase pending)
- Two Car Space
- Excellent fit-out
- Wide frontage to Miller Street
- Surrounded by well-established retailers

Raine and Horne
Michael Buium 0408 385 385
Jacqueline Smith 0412 002 194

Primus DMS
Robert Yong 0417 889 293

Additional Information
  • Car Spaces: 2
Cammeray Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $797 ---
Retail --- $797 ---
This is the average advertised price, rent and yield for Cammeray, NSW 2062*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of Shop 3/506 Miller Street, Cammeray, NSW 2062. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of Shop 3/506 Miller Street, Cammeray, NSW 2062. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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