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213-215 Camberwell Road Camberwell, VIC 3124

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213-215 Camberwell Road,
Camberwell, VIC 3124

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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)

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Property ID: 502164578Last Updated: 23 Aug 2023

04113121...
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213-215 Camberwell Road
Camberwell, VIC 3124
Colliers - Melbourne
Level 30, 367 Collins Street
MELBOURNE, VIC 3000

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