178-180 Camberwell Road, Hawthorn East is for Auction on Thursday 19th October at 2pm onsite.
This is a rare offering providing a secure investment in a prime location with future potential to develop (STCA).
We believe the most outstanding aspects of this property include:
- Two single level retail premises' of 335m²* approx. with onsite car-parking
- High exposure corner location with rear access via Council Street & Risson Lane
- Currently returning $260,302.20 net p.a. plus outgoings
- Securely leased to 2 well established Tenants - Purple Sands Asian Cuisine and The Butler Dry Cleaners until 2022 with no further options
- Suitable for Investors and Developers with future potential to develop (STCA)
- Land area 602m²* approx. / Zoned Commercial 1
- Premium Camberwell location, approx 14km from the Melbourne CBD, with a median house price of $2.11mil
178-180 Camberwell Road is located on the western side of Camberwell Road near the intersection of Riversdale Road and Burke Road (Camberwell Junction), approximately 14km* south-east of the Melbourne CBD.
Furthermore the property is located within close proximity to the following:
-The Well Shopping Centre on Burke Road which is anchored by Coles as well as other retailers such as Liquorland, JB Hi Fi, Rainbow Meats and Terry White Pharmacy amoung others
- The Camberwell shopping precinct which includes Witchery, 2Xu, Nike, Just Jeans, STA Travel, Camberwell Fresh Food Market, Woolworths, Target and all the major banks
- Tram services operate along Riversdale Road & Burke Road with Camberwell Train Station 650m away
- Easy access to the major south-eastern thoroughfares including Burke Road, The Monash Freeway and the Eastern Freeway.
