SUBURB PRICE GUIDE

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Retail For Sale found in CAMBERWELL, VIC 3124

SUPER PRIME BURKE ROAD RETAIL INVESTMENT...

Investment | Retail | Development/Land

Savills is delighted to offer for sale this prime freehold retail building in a highly sought after position within the heart of the Burke Road retail precinct. This property represents a fantastic opportunity to acquire a prominent asset fully leased to two secure tenants in a blue-chip location that has been completely refurbished to present immaculately throughout.
The key attributes of this fantastic property include:
- Two premium retail shops totalling 275sq m* on one title
- Leased to T2 (a wholly owned subsidiary of Unilever Ltd with market cap of $165b*) and Montebello Emporium
- Newly refurbished building with new A/C, roof, amenities, services etc.
- Large landholding of 273sq m* with two street frontages
- Located in the absolute prime Burke Road position surrounded by national retailers
- Prominent Burke Road frontage plus rear frontage to Market Place (Camberwell Market location)
- An abundance of public car parking and public transport
- Current Net Rental: $307,087 per annum* (as at 1 Oct 2017)
Given the record low interest rate environment, secure retail investments with quality tenants and fixed, built-in
rental growth in an established and highly sought after retail location are in short supply and we highly recommend your consideration of this high profile retail investment. 596 Burke Road, Camberwell is For Immediate Private Sale. For further information, please contact: Nick Peden - 0402 011 266 Jesse Radisich - 0402 085 702 Benson Zhou - 0358 488 888

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Price: Immediate Private Sale    Building: 275m²    Land: 273m²    Occupancy: Tenanted

PROMINENT RETAIL FREEHOLD LEASED TO NAB

Investment | Retail

• Leased to the ASX listed National Australia Bank Ltd
• Returning $141,000 per annum plus outgoings and GST
• Substantial two level building of 557sqm approx.
• Land Area: 446sqm approx.
• Commanding frontage of over 12 metres to Toorak Road
• Excellent rear access with onsite parking
• Zoned: Commercial 1
• Large council car park at rear
• Future value add potential (STCA)
• Terms: 10% deposit, balance 60 days
• Outstanding opportunity to acquire securely leased building centrally positioned within established retail precinct
FOR SALE BY PUBLIC AUCTION: FRIDAY 18th AUGUST at 1PM ON SITE

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Price: Contact Agent    Building: 557m²

Properties located in the surrounding suburbs

HIGH YIELDING RETAIL INVESTMENT

Investment | Retail

- Prominently positioned within Camberwell Road’s thriving retail, lifestyle and residential precinct
- Income of $100,000 p.a. net plus GST
- Long term lease to established national health and wellbeing business Beyond Rest
- Building Area: 320m2 approx. plus four secure car spaces
- Camberwell Road currently undergoing significant rejuvenation with numerous mixed use developments underway
* Internal photos shown for illustration purposes only

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Price: Contact Agent    Building: 320m²    Occupancy: Tenanted

SUBURB PRICE GUIDE

Suburb Summary - Camberwell, VIC 3124

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $308
Retail $550
Industrial $248
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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