736 Burke Road, Camberwell, VIC 3124

Retail

For Sale

Expressions Of Interest

  • Property ID: 422694
  • Floor Area: 152m²
  • Land Area: 128m²
  • Occupancy: Tenanted
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
RETAIL INVESTMENT - CIRCA 4%

Ray White Commercial Oakleigh is pleased to offer 736 Burke Road, Camberwell to market by way of Private Sale.

This magnificent tenanted property offers investors a rare opportunity to secure a significant freehold positioned within the prime trading section of one of Melbourne's strongest performing and most prestigious retail strip centres.

The property is strategically located within the South-East corridor of Metropolitan Melbourne accessible via Toorak Road, Eastern Freeway and the Monash (M1) Freeway plus close proximity to Camberwell train Station making this property an outstanding investment opportunity!

Property Features:

• Total land area | 128m2*
• Total building area | 152m2*
• Including mezzanine floor with M/F toilets | 35m2*
• Handicapped toilet on the ground floor
• 5 Year Lease Commenced October 2021 + options
• Currently returning $59,849 p/a plus GST plus outgoings
• Close proximity to Camberwell Station, cafes & restaurants in the area
• Generous R.O.W. at rear plus parking
• Landlord fixtures include commercial kitchen, grease trap, canopy, natural gas, three phase power & coolroom
• Serviced by major arterial roads including Toorak Road & Monash Freeway (M1)
• Commercial 1 Zone (C1Z)

For inspection, details contact the listed agents below

George Kelepouris | 0425 798 677
George Ganavas | 0478 634 562

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Camberwell Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $248 ---
Retail $6579 $343 5.22%
Offices $8571 $524 6.11%
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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