An outstanding opportunity to secure a prime retail investment in the heart of Cammeray Village.
Shop 1, 469 Miller Street offers a ground floor showroom with an 8-metre frontage in a high-traffic area, ensuring maximum visibility. Leased to Keiser Training since 2019, this property provides stability and income security with a lease extending until September 2026, and options to renew for an additional 4 years.
Located just 5 km from Sydney's CBD, Cammeray offers exceptional connectivity, making it an attractive location for businesses and investors alike. The property is secured by a 3-month bank guarantee, providing added assurance for the investor.
Key Property Features:
• Prime ground floor showroom with 8-metre frontage on Miller Street
• Leased to Keiser Training since 2019, providing stability and security
• Brand new lease extending until September 2026, with 2 x 2-year renewal options
• Annual rent increases of 3.5%, ensuring consistent income growth
• Net income of $133,089.36 + GST per annum
• 1 secure car space on title
• Conveniently located just 5 km from Sydney CBD with frequent bus services
This property is offered For Sale by private treaty.
Contact us today for more information or to arrange an inspection.