460-488 Riversdale Road,
Camberwell, VIC 3124

Savills is delighted to present this rare opportunity to purchase the retail component of the landmark Aerial development located on the prime Camberwell Junction with street frontages to both Burke and Riversdale Roads.

This outstanding retail property provides an excellent opportunity for investors, owner occupiers and/or value-add buyers to acquire nine brand new retail shops in one line with the following key attributes:

- Nine brand new retail shops to be offered in one line
- Massive retail area of 1,337sq m* with 10 secure car parks
- Enormous dual street frontage with direct access from Burke and Riversdale Roads
- Three shops leased to Bang & Olufsen, Jetts Fitness and FKP, with six shops offered with vacant possession
- A remarkable location in the heart of the vibrant Camberwell retail precinct with huge exposure to Camberwell Junction
- Potential Fully Let Net Income: $735,000 per annum*
- Outstanding value add opportunity with various options to on sell individual shops, owner occupy, lease and hold, etc.
- Huge surrounding residential population with 144 apartments within the development
- Recently completed development with significant depreciation benefits

For Sale by Expressions of Interest closing Tuesday 3 December at 2pm