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1-9/570 Riversdale Road
Camberwell VIC 3124
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Sold on 23 Dec 2021

1-9/570 Riversdale Road Camberwell VIC 3124

  • Development / Land
  • 2,025 m²
  • Sold

"Rotherwood" - Huge Restoration or Redevelopment Opportunity

First time offered for sale ever - a rare and substantial offering of an entire residential complex is currently on the market! Comprising 9 apartments, each with 2 bedrooms, 1 bathroom, balcony, city views from top floors and onsite parking. Perfectly placed amongst the action of Camberwell Junction, providing a potential annual gross rental return on a fully let basis of approximately $175,000, this investment will add significant value to your property portfolio. Sold as a complete site, the property comes with some remarkable and unique qualities. The building itself is of solid brick, beautifully maintained and occupies an impressive 2,025m2 block spanning over two titles. Residents enjoy a vast shared lawn space once enjoyed as a tennis court, well laid out common spaces and the privacy of established greenery. Purchase and lease out as is and reap the rewards of rental and capital growth with minimum further outlays.

Alternatively, take advantage of the premium address plus huge land size and redevelop with confidence. Positioned within a General Residential Zone 3 with no heritage overlay, there are various options available including restoration, subdivision or construction of a brand new, luxury residential development (STCA).

570 Riversdale Rd is immersed right in the heart of Camberwell amongst leafy surrounds and a refined urban offering. Enjoy trams at your doorstep, walking distance to Camberwell Shopping Precinct, Camberwell Station, Rivoli Cinemas, Riversdale Park, Camberwell Primary and Camberwell High. Inspect today and secure this rare and enticing offer!

EXPRESSION OF INTEREST

Closing date and time09/12/2021 15:00
Recipient nameAsk Agent
Delivery addressAsk Agent
Woodards Camberwell
Woodards Camberwell
Level 3,
Camberwell, VIC 3124

Property Highlights

Date Sold23 Dec 2021
Floor AreaAsk Agent
Land Area2,025 m²
Parking9 x Onsite parkings
Property ID2017405843
Category
Last updated  10 Jan 2022
Map for 1-9/570 Riversdale Road Camberwell VIC 3124

Nearest transport* to 1-9/570 Riversdale Road Camberwell VIC 3124

Bus
Train
Tram
Riversdale Rd/Butler St (Camberwell)90 m
Station St/Riversdale Rd (Camberwell)206 m
opp 29 Fairholm Gr (Camberwell)208 m
Reserve Rd/Camberwell Rd (Camberwell)212 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Woodards Camberwell
Woodards Camberwell
Level 3,
Camberwell, VIC 3124

Property Highlights

Date Sold23 Dec 2021
Floor AreaAsk Agent
Land Area2,025 m²
Parking9 x Onsite parkings
Property ID2017405843
Category
Last updated  10 Jan 2022

Listed by

Caroline Hammill
Caroline Hammill
Woodards Camberwell
Call
0418 334 561

More about 1-9/570 Riversdale Road Camberwell VIC 3124

1-9/570 Riversdale Road Camberwell VIC 3124 is categorized as Land & Development Property. It has a land area of 2,025 m². There are 9 x onsite parkings.The listing ID for this property is 2017405843.

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