SOLD
Sold on 17 Jun 2024 for $700,000

1/506 Miller Street
Cammeray NSW 2062

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 970m2
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Property Details for 1/506 Miller St, Cammeray

Building Type
Commercial
Land Size
970m2
Local Government
North Sydney
Lot/Plan
1/SP81940

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

Located in the heart of Cammeray Shopping precinct
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

A timeline of how this property has performed in the market
Last Sold
$700,000
17 Jun 2024
Listed for Rent
$3.22k/w
22 Sep 2020
  • 17 Jun 2024
    Sold for $700,000
  • 21 May 2024
    Listed for Sale Auction
  • 22 Jan 2021
    Listed for Sale Contact Agent
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About 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.
There are currently 19 properties listed for sale, and 12 properties listed for rent in Cammeray on OnTheHouse. According to CoreLogic's data, 184 properties were sold in the past 12 months in Cammeray.

Suburb Insights for Cammeray 2062

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Contact agent
Anthony Vella
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Phillip Elmowy
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RWC South Sydney
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.