Located in an outstanding position within Burke Road Camberwell's sought after retail precinct, this character filled two level retail/commercial building is now available for sale for the first time in over 30 years.
Features include:
- Current Rental Return: $79,320 per annum
- Building area: 215m2 plus terraces 31m2 *
- Land area: 208m2*
- Burke Road frontage 6.3 metres *
- Rear Right of way and car parking
- City views from first floor
- Trams at your door step
- 230m* from Camberwell Train Station
933 Burke Road, ground floor retail area is currently leased to a long established business currently operating as "Alter It" on a 5+5 year lease and returns $45,320.00 pa net.
792 Burwood Road, ground floor and first floor is leased to "Haim Real Estate Pty Ltd" on a 3+3+3 lease, returning $34,000.00 pa net.
The property is well positioned in the heart of the main retail strip of Camberwell and benefits from nearby major retailers including The Well Shopping Centre anchored by Coles Supermarket; the iconic Camberwell Market; Woolworths and Target as well as major banks including ANZ, Commonwealth Bank, Bank of Melbourne and NAB all within close proximity from the property.
*approx
