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620-624 Burke Road Camberwell VIC 3124

  • Retail
  • 828 m²
  • For Sale, Contact Agent

LARGE SUPER PRIME INVESTMENT - DOUBLE RETAIL FRONTAGE TO BURKE ROAD + REAR CAR PARK

  • 11m* priceless Burke Rd frontage
  • Rear frontage to major car park
  • Annual income $644,989* + potential^

+ In between Camberwells two major shopping centres, Camberwell Place & Camberwell Central, ensuring constant foot traffic 7 days / week

+ Priceless position with expansive dual frontage, being one of the largest landholdings in the super prime section of Burke Road

+ The property is partially leased to a pharmacy which subleases partially to a medical centre providing income of $644,989 p.a* (after land tax) + potential income for 262sqm*^

+ Substantial landholding in excess of 515sqm*

+ Longstanding history as one of Boroondaras most successful medical clinics and pharmacies

+ Strategically serviced by an abundance of council car parking, major retailers & public transport, providing a highly convenient destination for shoppers

Please contact the CBRE Sales & Marketing Agents listed below.

Rorey James
+61 439 400 081

Sandro Peluso
+61 418 389 757

Jing Jun Heng
+61 411 059 116

Transaction managed by: Performance Property Advisory - Phllip Almeida

(STCA) Subject to council approval
*Approximately. ^ Land tax based on single holding. The information in this document is general in nature and is a guide only. It does not take into account your individual circumstances. Before acting you should check the accuracy of the information and
seek your own independent financial and legal advice. The information must not be relied upon to make any investment decisions. The principal and its agent will not be liable for your failure to verify the information or seek appropriate advice.

Property Highlights

Property ID2015493828
Floor Area828 m²
Land Area515 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  23 Sep 2019
Map for 620-624 Burke Road Camberwell VIC 3124
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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