Stonebridge Property Group is delighted to present for sale 157 Camberwell Road, Hawthorn East.
- A rare opportunity to secure a Camberwell Junction freehold that boasts an impeccable 40+ year history of 100% tenant retention
- Currently leased by the strong trading and longstanding Tivoli Hi-Fi, an institution of Melbourne that has been in operation since 1973*
- Tivoli Hi-Fi is a leading sound engineering & audio equipment retail store, housing the world's most well known and highest quality brands such as Bang & Olufsen, Bowers & Wilkins, Loewe, Sony + much more
- Substantial and ultra-high quality building spanning 236 sqm*, over the years the versatile building has been tailored to feature various aspects of the tenants offering with 5 demonstration rooms for the ultimate home cinema experience
- The property is positioned on a 192 sqm* Commercial 1 Zoned landholding with off street car parking and rear access
- Strategically located a short walk from Camberwell Junction and in close proximity to major attractions Dan Murphy's (40 m*), Coles (120 m*) & Camberwell Place (130 m*)
- Adjoining the property is the recently constructed $120m Camberwell Village complex. The luxury development comprises 140* apartments & 9,000 sqm* of high end office space.
- Hawthorn East is a highly affluent & popular inner eastern suburb of Melbourne just 7.2 km* from the CBD with a median house price of $2,150,000^
- Tivoli Hi-Fi's high end service offering is supported by the 'affluent' Hawthorn East demographic which boasts an average weekly income of 27.5%^^ higher than greater Melbourne indicating a high level of disposable income
*Approx.
**Income forecast (as at 2nd July 2022)
^ ***
^^ profile.id.com
157 Camberwell Road, Hawthorn East, is for sale via On-Site Public Auction Friday 25th March 2022 at 12:30pm (AEDT).
To obtain further information or to arrange an inspection, please contact Stonebridge Property Group.
Nic Hage
0448 782 594
Rorey James
0439 400 081
Sarah Xi
0468 320 297
Property Code: 374
