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Gross Waddell ICR - Commercial

738 Burke Road Camberwell, VIC 3124

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738 Burke Road,
Camberwell, VIC 3124

Shops & Retail

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Gross Waddell ICR - Commercial
Alex Ham
Andrew Greenway

Gross Waddell ICR - Commercial

Level 1, 30 Collins Street
MELBOURNE, VIC 3000
Gross Waddell ICR - Commercial
738 Burke Road
Camberwell, VIC 3124

Map of 738 Burke Road

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BURKE HILL INVESTMENT WITH LONGSTANDING TENANT

First time offered in over 35 years, this “blue-chip” investment opportunity located within the highly sought after Burke Road retail strip is leased to longstanding tenant, Mail Boxes Etc. who have occupied the property for over 20 years.

Featuring fully fitted retail and commercial accommodation over part 2 levels, the property features the following:

• Current Rental: $66,306* p.a. + GST
• Lease Terms: 5 + 5 years (comm. 1st August 2017)
• Reviews: Annual 3% increases with review to market at commencement of further term
• Building Area: 170m2*
• Rear carparking via ROW
• Zoning: Commercial 1

*Approx.

Property ID: 503339178Last Updated: 22 Dec 2019

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