3/506 Miller StreetCammeray NSW 2062
Property Details for 3/506 Miller St, Cammeray
Last Listing description (January 2019)
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.
- 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
Primus DMS
Robert Yong 0417 889 293
Property History for 3/506 Miller St, Cammeray, NSW 2062
- 22 Oct 2021Sold for $3,375,000
- 23 Nov 2018Sold for $2,400,000
- 16 Oct 2018Listed for Sale Contact Agent
Recent sales nearby
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0About Cammeray 2062
The size of Cammeray is approximately 1.6 square kilometres. There are 19 parks, covering nearly 25.2% of the total area. The population of Cammeray in 2016 was 7006 people. By 2021 the population was 7088 showing a population growth of 1.2% 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 2021, 57.20% of the homes in Cammeray were owner-occupied compared with 55.10% in 2016.
Cammeray has 4,119 properties. Over the last 5 years, Houses in Cammeray have seen a -9.92% decrease in median value, while Units have seen a 1.05% increase. As at 31 August 2026:
- The median value for Houses in Cammeray is $3,117,914 while the median value for Units is $1,306,666.
- Houses have a median rent of $1,750 while Units have a median rent of $760.
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