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Richardson & Wrench  - North Sydney

69-71 Palmer Street Cammeray, NSW 2062

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69-71 Palmer Street,
Cammeray, NSW 2062

Other • Offices

Detailed listing

Key property information

Floor area

Car spaces

Tenure type

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Richardson & Wrench  - North Sydney
Tim O'Halloran
Daniella Rundle
Victoria Liu

Richardson & Wrench - North Sydney

66 Berry Street
NORTH SYDNEY, NSW 2060
Richardson & Wrench  - North Sydney
69-71 Palmer Street
Cammeray, NSW 2062

Detailed listing

Map of 69-71 Palmer Street

Directions

Exceptional multi-purpose property in the heart of Cammeray

Occupying a prime corner position, located just 120 metres from the Miller Street shops, this uniquely versatile commercial/residential building is ideally suited to a vast array of small business applications.

No expense has been spared in restoring and expanding what was once a traditional 1920s corner shop into a spacious, luxury residence set above two retail premises, multiple offices and a large warehouse/studio.

The residence on the upper level features a sunlit, airy L-shaped living area with a northerly and easterly aspect, flowing to a generous outdoor terrace with district and city skyline views. Soundproofed spotted gum floors, a subzero fridge, Miele ovens and induction stove, double glazing and a range of other quality appointments add a feeling of contemporary opulence. Two ample bedrooms, located away from the living area, have North Sydney skyline views.

The ground level comprises two north-facing shops, an expansive warehouse/studio, four offices, a delightful courtyard and a large paved car-parking area at the rear.

One shop has polished concrete flooring while the corner shop features warmer textures with polished grey ironbark floors and exposed brick interior. Both shops have thick laminated glass windows.

The expansive warehouse/studio encompasses over 130 sqm of polished concrete and was originally constructed as a studio for photographing motor vehicles. It features an elevated four-metre ceiling, two roller shutters for street access, a kitchen, a bathroom and several storage areas. The paved area at the rear is accessed via a motorized sliding gate, and provides off-street parking for six cars.

This unique property offers the savvy buyer a rare opportunity to acquire a home with income stream or to create the ideal basis for launching a wide range of business initiatives.

Features
• Northerly and easterly aspects with bright, airy natural light.
• High-quality finishes.
• Ample use of spotted gum and grey ironbark flooring, polished concrete
• E1 commercial zoning allowing for a wide range of uses (STCA)
• Opposite Cammeray Public School
• Versatile layout, accommodation of up to five bedrooms
• Fully compliant commercial-grade fire system and restored awnings.
• 3 phase power
• Sale excluding GST

Outgoings (approx.):
Council: $2,910 p.q
Water: $371.61 p.q
Land Tax: $10,288.30 p.a

For inspection times - see external link below

Additional information

Cammeray, 2062 demographic data

The median household income for Cammeray is $2,870, 38% higher than Greater Sydney's household income of $2,077. Cammeray has an older age profile compared to the rest of Greater Sydney (median age 40 vs 37). Property ownership data shows 48% of property owners in Cammeray have a mortgage.

7,088
Population
$2,870 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households