55 Miller Street,
Pyrmont, NSW 2009

Shops & Retail • Hotel, Motel & Leisure

Key property information

Floor area

Tenure type

Sold on

Map of 55 Miller Street

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Gourmet Investment Bustling Inner City Location

10 year lease expiring October 2019.
Leased to successful, long standing restaurant group with multiple locations.
Expensive and stylish fit out with indoor/outdoor dining.
Highly exposed location with 32 m corner frontage.
Contemporary office building with high depreciation allowances.
Trades to over 12,000 local residents and 15,000 (est) workforce in Pyrmont.
Annual 4% increases.
Net lease, tenant pays all outgoings.
Net Income: $212,914 pa + GST.

For sale in Burgess Rawson Portfolio Auction 85 on:

Tuesday 10 December 2013 at 2:00pm AEDT
Mezzanine Level
50 Margaret Street, Sydney

For more information on this property and other auction listings visit:
www.investmentportfolioauction.com.au

Andrew Vines 0423 108 880
avines@burgessrawson.com.au

Dean Venturato 0412 840 222
dventurato@burgessrawson.com.au

Pyrmont, 2009 demographic data

The median household income for Pyrmont is $2,422, 17% higher than Greater Sydney's household income of $2,077. Pyrmont has a similar age profile compared to the rest of Greater Sydney (median age 37). Property ownership data shows 48% of property owners in Pyrmont have a mortgage.

12,658

Population

$2,422 per week

Median household income

37 years

Median age

Renters

Most residents

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Most households