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5/1101 Toorak Road
Camberwell VIC 3124
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Sold on 25 Nov 2016

5/1101 Toorak Road Camberwell VIC 3124

  • Shop & Retail
  • 374 m²
  • Sold

A Healthy Corner Retail Investment

  • 7 YEAR NET LEASE
  • 374SQM* BUILDING AREA
  • 10 BASEMENT CAR PARKS

Prime Camberwell retail investment leased to national franchise 'Dosa Plaza' (trading as Veggie Living Pty Ltd)

Strategically located on the high exposure corner of Toorak and Camberwell Roads benefiting from 15,500* cars passing daily

Positioned in one of Melbourne's most lucrative and sought after suburbs, Camberwell, with a median house price over $1,890,000

Outstanding security with a seven (7) year net lease, fixed rental increases and four (4) further terms of five (5) years

Net annual income of $135,000* + GST + Outgoings

Only 2km's to the popular cafA© and retail precinct Camberwell Junction

Significant building area of 374sqm* with ten (10) basement car parks on title

Outstanding prominent corner position providing 2 extensive street frontages to Toorak and Camberwell Roads with a combined frontage of over 55m

Favorable 6 month bank guarantee with depreciation benefits

The local catchment is undergoing strong population growth with a number of apartment projects either under way or in planning stages

Surrounded by quality amenity, only metres to both 'Hartwell Village' and Burwood Village shopping precinct featuring cafA©s/restaurants, retail and lifestyle options

Within walking distance to Hartwell Train Station, tram stops, and located just 13km* from the Melbourne CBD with direct access via the Monash Freeway.

FOR SALE VIA PUBLIC ON-SITE AUCTION, THURSDAY 10TH NOVEMBER 2016 AT 2.30PM

For more information, please contact the exclusive sales and marketing agents:

Sandro
+61 418 389 757

Rorey James
+61 439 400 081

Nic Hage
+61 448 782 594

Benson Zhou
+61 401 873 499

*approx

Property Highlights

Date Sold25 Nov 2016
Floor Area374 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2013114675
Category
Last updated  3 Oct 2023
Map for 5/1101 Toorak Road Camberwell VIC 3124

Property Highlights

Date Sold25 Nov 2016
Floor Area374 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2013114675
Category
Last updated  3 Oct 2023

Listed by

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