1/506 Miller StreetCammeray NSW 2062
Property Details for 1/506 Miller St, Cammeray
Last Listing description (June 2024)
RWC South Sydney is pleased to present Shops 1 & 2/506 Miller Street Cammeray.
Introducing two exceptional retail opportunities, side by side in Cammeray's vibrant shopping precinct. Surrounded by popular eateries, cafes, and retailers, these strata-titled spaces are strategically positioned in a highly sought-after area, offering a rare investment opportunity. With walkway access to Abbott Street, these properties provide convenient entry and exit options for customers, clients and staff.
Must be sold, Offered in one line or separately
Surrounded by popular eateries, cafes and retailers
Short walk to Cammeray Square, transport, shops, restaurants, and the golf club
Shop 1:
Ground floor retail shop, 36sqm*
Month to month tenancy, generating $50,535.00 pa plus GST
Shop 2:
Ground floor retail shop, 45sqm*
Month to month tenancy, generating $45,582.48 pa plus GST
The properties are offered for Auction, 18 June 2024 at 10:30am unless sold prior.
*Approximately
Property History for 1/506 Miller St, Cammeray, NSW 2062
- 17 Jun 2024Sold for $700,000
- 21 May 2024Listed for Sale Auction
- 22 Jan 2021Listed for Sale Contact Agent
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0About Cammeray 2062
The size of Cammeray is approximately 1.6 square kilometres. It has 19 parks covering nearly 25.2% of total area. The population of Cammeray in 2011 was 6,783 people. By 2016 the population was 6,983 showing a population growth of 2.9% in the area during that time. The predominant age group in Cammeray is 30-39 years. Households in Cammeray are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cammeray work in a professional occupation. In 2011, 56.2% of the homes in Cammeray were owner-occupied compared with 55.1% in 2016.
Cammeray has 4,060 properties. Over the last 5 years, Houses in Cammeray have seen a 45.48% increase in median value, while Units have seen a 31.64% increase. As at 30 September 2024:
- The median value for Houses in Cammeray is $3,359,924 while the median value for Units is $1,362,376.
- Houses have a median rent of $1,235 while Units have a median rent of $750.
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