730 Burke Road, Camberwell, VIC 3124

Retail

Sold

  • Property ID: 345675
  • Floor Area: 240m²
  • NBN Availability: Build Commenced
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Area Sold N/A 240m2 N/A Contact Agent
An Investment a Cut Above! - Circa 5% yield!

Located within the heart of Camberwell's sought after retail precinct, ground floor and basement 730 Burke Road is an iconic investment opportunity.

Leased to a well established and renowned hair and beauty salon, the subject property also benefits from additional income, encompassing two brand new 5 year leases returning a combined $90,000 per annum net.

730 Burke Road Camberwell boasts prominent street frontage whilst being surrounded by heavy retail hitters plus further benefits from its strategic position with a tram stop and pedestrian crossing at the door and is only 150m* away from Camberwell Train Station.

- Brand new 5 year leases
- Combined return: $90,000 p.a net
- Benefiting from dual income
- Building Area: 240m2*
- 2 car spaces via ROW
- Tram stop at your doorstep
- 150m* from Camberwell Train Station

*Approx.
Pricing excludes GST

Additional Information
Features
  • Lease Term: Refer to tenancy schedule
  • Rent Review: Refer to tenancy schedule
  • Car Spaces: 2 at rear
Camberwell Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $248 ---
Offices $5935 $524 8.82%
Retail $4939 $446 9.04%
This is the average advertised price, rent and yield for Camberwell, VIC 3124*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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