Property ID: 19082307
Raine and Horne Commercial in conjunction with Primus DMS are pleased to offer for sale by public auction shop 3, 506 Miller St Cammeray.
The property is leased to a well-established Papaya restaurant group that have a number of restaurants in Sydney and presents as an outstanding opportunity to secure an investment property in an excellent position with the lease running through to 2026 this is truly a rare opportunity to acquire a sought-after retail investment.
This outstanding investment opportunity is well positioned in Cammeray’s retail hub and is surrounded by long standing and successful cafes and retailers including About Life Organic Supermarket, Coles Supermarket, Harris Farm, Hudson Meats, Maggio’s and Stockland’s Cammeray Shopping Centre.
Key selling points:
- Building area 170 sqm (approx.)
- Lease term – Five (5) + Five (5) years
- Current rent – $165,291 pa plus GST (Rent Increase pending)
- Two Car Space
- Excellent fit-out
- Wide frontage to Miller Street
- Surrounded by well-established retailers
Raine and Horne
Michael Buium 0408 385 385
Jacqueline Smith 0412 002 194
Robert Yong 0417 889 293
Our full-service commercial real estate network can provide in-depth knowledge of local and regional property markets, with insight and understanding that comes from being a part of a long-established national and international property group. Committed to personalised service and achieving unsurpassed results, our clients continue to benefit from our network strength, which allows substantial cross-flow of international referral, advice and investment.
The Raine & Horne Commercial network is comprised of 100% owner-managed offices and includes numerous industry leaders and award winners. We employ agents who are empowered, encouraged to share and who maintain first rate communication to deliver the best possible outcome with every transaction. We pride ourselves on staying abreast of local and national trends and developments in the property industry, resulting in consistently cutting-edge services and holistic solutions for our clients.
Our industry experts embody and respect the family-oriented values synonymous with the Raine & Horne Commercial brand, allowing us to provide a complete range of professional services for all aspects of commercial, industrial, retail sales, leasing and specialist properties.