Share this property

realcommercial.com.au

G04 + G05, 506 Miller Street Cammeray, NSW 2062

Directions

G04 + G05, 506 Miller Street,
Cammeray, NSW 2062

Shops & Retail

Price information

Sold

Contact Agent

Key property information

Floor area

Car spaces

Municipality

Tenure type

Sold on

Map of G04 + G05, 506 Miller Street

Directions

RETAIL - UP TO 8.25% NET!

  • 5 + 5 YEAR LEASE
  • 8.25% NET RETURN
  • OFFERS OVER $840,000
Occupied by the major tenant within the building a key opportunity exists to take advantage of a well positioned retail space which benefits from floor to ceiling windows maximising exposure. Discovery Travel Centre have taken a 5 + 5 year lease over the space with the initial term expiring in March 2017.

Investment Credentials Include:

• 169sqm of efficient space + 1 car
• 5 + 5 year lease to established business of 25 years
• 3% Increases
• Director Guarantees
• 3 month bond
• Gross Rent: $80,345.02 + GST
• Outgoings: $11,000 + GST approx
• Net rent: $69,345.02 + GST
• Offers Over $840,000 up to an 8.25% Net Return.

To receive an Information Memorandum or to arrange an inspection through the various opportunities please contact the Exclusive Sales Agents Nick Lowry on 0408 891 3... or Chris Veitch on 0434 566 3....

Property ID: 501284159Last Updated: 3 Mar 2015

realcommercial.com.au logo
G04 + G05, 506 Miller Street
Cammeray, NSW 2062
CI Australia Pty Limited
Level 7, 2 Elizabeth Plaza
NORTH SYDNEY, NSW 2060
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.