213-215 Camberwell Road,
Camberwell, VIC 3124
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Sold on
Map of 213-215 Camberwell Road
A Slice of Paradise in the Heart of Camberwell Junction
- Prime Camberwell Junction location
- New 10 year lease to longstanding tenant
- Genuine value-add potential (STCA)
Colliers International is pleased to present this outstanding opportunity to purchase 213-215 Camberwell Road, a rare freehold with prime position in the tightly held Camberwell Junction. The property possesses the following key attributes:
- A freestanding freehold located in Melbourne’s best neighbourhood shopping strip, Camberwell Junction
- Perfectly positioned opposite one of inner Melbourne’s icon’s – the “Rivoli Cinema” multiplex
- First time the property has been offered for sale in 52 years
- Surrounded by multiple high quality national & international retailers all throughout the Camberwell Junction
- Potential to lease upstairs to an additional tenant increasing net annual income and return
- Major future upside potential and flexibility to increase rentable building area (STCA)
- Brand new ten (10) year lease to longstanding and high quality tenant Café Paradiso with one (1) ten (10) year options
- Rental of $213,000*p.a with 4% increases
- Conveniently serviced by trams along Burke & Riversdale Road and positioned in close proximity to Camberwell Station. Also proximate to major road arterials including the Monash Freeway.
- High quality hospitality fit-out including a fully equipped commercial kitchen.
- A rare opportunity to acquire adjoining buildings in one line in one of Melbourne most tightly held precincts.
*Approx.
For Sale by Public Auction Friday 25th November 2016 at 1pm on-site.
To arrange an inspection or for more information please contact Colliers International team as the exclusive selling agents.
This property is proudly marketed by the Melbourne City Sales team (MCS)
- A freestanding freehold located in Melbourne’s best neighbourhood shopping strip, Camberwell Junction
- Perfectly positioned opposite one of inner Melbourne’s icon’s – the “Rivoli Cinema” multiplex
- First time the property has been offered for sale in 52 years
- Surrounded by multiple high quality national & international retailers all throughout the Camberwell Junction
- Potential to lease upstairs to an additional tenant increasing net annual income and return
- Major future upside potential and flexibility to increase rentable building area (STCA)
- Brand new ten (10) year lease to longstanding and high quality tenant Café Paradiso with one (1) ten (10) year options
- Rental of $213,000*p.a with 4% increases
- Conveniently serviced by trams along Burke & Riversdale Road and positioned in close proximity to Camberwell Station. Also proximate to major road arterials including the Monash Freeway.
- High quality hospitality fit-out including a fully equipped commercial kitchen.
- A rare opportunity to acquire adjoining buildings in one line in one of Melbourne most tightly held precincts.
*Approx.
For Sale by Public Auction Friday 25th November 2016 at 1pm on-site.
To arrange an inspection or for more information please contact Colliers International team as the exclusive selling agents.
This property is proudly marketed by the Melbourne City Sales team (MCS)
Explore property virtually
Video
Property ID: 502164578Last Updated: 23 Aug 2023
04113121...
213-215 Camberwell Road
Camberwell, VIC 3124
Colliers - MelbourneLevel 30, 367 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.