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760-764 Riversdale Road
Camberwell VIC 3124
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760-764 Riversdale Road Camberwell VIC 3124

  • Shop & Retail
  • 113 - 501 m²
  • Expressions of Interest

PRIME RETAIL INVESTMENTS WITH FUTURE DEVELOPMENT UPSIDE

  • 764 - last one remaining
  • Substantial holding income
  • Invest with future development potential

GormanKelly is pleased to present for sale 760 (SOLD), 762 (SOLD) and 764 Riversdale Road, Camberwell FOR SALE.

760 RIVERSDALE - SOLD

Two level retail freehold with first floor office
GROUND floor area of 130sq*
Returning $38,192.40 net per annum + GST
LEVEL 1 floor area of 113sqm*
Vacant possession
Potential rental of $27,000 net per annum + GST

762 RIVERSDALE - SOLD

Single level retail premises of 139sqm*
Returning $44,801.88 net per annum + GST

764 RIVERSDALE - LAST ONE REMAINING

Single level retail premises of 119sqm*
Returning $41,199.96 net per annum + GST

Overall summary features:

Combined Commercial 1 landholding of 920sqm*
Substantial holding income of $124,194.24 net per annum plus the potential for an additional $27,000
High exposure with 16.75m* frontage to Riversdale Road, offering future 11 metre height development potential (STCA).
Premium Inner East location
Fully leased except Level 1 at 760 Riversdale Road
Well-connected by public transport, with the #70 tram on Riversdale Road and 800m from Riversdale Train Station
Surrounded by various established businesses including Woolworths, Coles Supermarkets, Petbarn, Liquorland, Cartridge World, Reece Plumbing, Australia Post and many more.
Excellent Council & Woolworths car park bordering the property
Each property represents an excellent investment opportunity with further potential or one can acquire all three and secure an exciting landbank opportunity with a steady income in the meantime

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

NICK BREHENY
+61 411 601 730
nbreheny@gormankelly.com.au

RICHARD MUNDAY
+61 408 407 603
rmunday@gormankelly.com.au

EXPRESSION OF INTEREST

Closing date and time18/04/2024 14:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Floor Area113 - 501 m²
Land Area920 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019114279
Category
Last updated  30 May 2024
Map for 760-764 Riversdale Road Camberwell VIC 3124

Property Highlights

Floor Area113 - 501 m²
Land Area920 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019114279
Category
Last updated  30 May 2024

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