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Shop 1/469 Miller Street
Cammeray NSW 2062
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Shop 1/469 Miller Street Cammeray NSW 2062

  • Shop & Retail
  • 141 m²
  • For Sale, $2,300,000 (GST na)

PRIME RETAIL INVESTMENT LEASED TO LONGSTANDING MEDICAL TENANT

  • Prime Medical Investment
  • 8m retail frontage
  • New Lease to longstanding tenant

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.

Lowry Property Group
Lowry Property Group
Suite 22, 20 Burlington Street
Crows Nest, NSW 2065

Property Highlights

Floor Area141 m²
Land AreaAsk Agent
Parking1 x Onsite parking
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019458743
Category
Last updated  22 Nov 2024
Map for Shop 1/469 Miller Street Cammeray NSW 2062

Nearest transport* to Shop 1/469 Miller Street Cammeray NSW 2062

Bus
Train
Tram
Ferry
Palmer St opp Cammeray Public School99 m
Miller St at Abbott St101 m
Miller St opp Abbott St106 m
Miller St opp Abbott St130 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Lowry Property Group
Lowry Property Group
Suite 22, 20 Burlington Street
Crows Nest, NSW 2065

Property Highlights

Floor Area141 m²
Land AreaAsk Agent
Parking1 x Onsite parking
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019458743
Category
Last updated  22 Nov 2024

Co-Agents

Nick  Lowry
Nick Lowry
Lowry Property Group
Call
0408 891 376
Jason Lowry
Lowry Property Group
Call
0419277527

More about Shop 1/469 Miller Street Cammeray NSW 2062

Shop 1/469 Miller Street Cammeray NSW 2062 is categorized as Shop & Retail Property. It has a floor area of 141 m². There are 1 x onsite parkings.The listing ID for this property is 2019458743.

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