760-764 Riversdale Road,
Camberwell, VIC 3124
Shops & Retail • Offices • Development Sites & Land
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GormanKelly - Hawthorn
1 Oxley RoadHAWTHORN, VIC 3122
760-764 Riversdale Road
Camberwell, VIC 3124
Map of 760-764 Riversdale Road
PRIME RETAIL INVESTMENTS WITH FUTURE DEVELOPMENT UPSIDE
- 764 - last one remaining
- Substantial holding income
- Invest with future development potential
GormanKelly is pleased to present for sale 760 (SOLD), 762 (SOLD) and 764 Riversdale Road, Camberwell FOR SALE.
760 RIVERSDALE - SOLD
Two level retail freehold with first floor office
GROUND floor area of 130sq*
Returning $38,192.40 net per annum + GST
LEVEL 1 floor area of 113sqm*
Vacant possession
Potential rental of $27,000 net per annum + GST
762 RIVERSDALE - SOLD
Single level retail premises of 139sqm*
Returning $44,801.88 net per annum + GST
764 RIVERSDALE - SOLD
Single level retail premises of 119sqm*
Returning $41,199.96 net per annum + GST
Overall summary features:
✓ Combined Commercial 1 landholding of 920sqm*
✓ Substantial holding income of $124,194.24 net per annum plus the potential for an additional $27,000
✓ High exposure with 16.75m* frontage to Riversdale Road, offering future 11 metre height development potential (STCA).
✓ Premium Inner East location
✓ Fully leased except Level 1 at 760 Riversdale Road
✓ Well-connected by public transport, with the #70 tram on Riversdale Road and 800m from Riversdale Train Station
✓ Surrounded by various established businesses including Woolworths, Coles Supermarkets, Petbarn, Liquorland, Cartridge World, Reece Plumbing, Australia Post and many more.
✓ Excellent Council & Woolworths car park bordering the property
✓ Each property represents an excellent investment opportunity with further potential or one can acquire all three and secure an exciting landbank opportunity with a steady income in the meantime
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
NICK BREHENY
+61 411 601 7...
nbreheny@gormankelly.com.au
RICHARD MUNDAY
+61 408 407 6...
rmunday@gormankelly.com.au
760 RIVERSDALE - SOLD
Two level retail freehold with first floor office
GROUND floor area of 130sq*
Returning $38,192.40 net per annum + GST
LEVEL 1 floor area of 113sqm*
Vacant possession
Potential rental of $27,000 net per annum + GST
762 RIVERSDALE - SOLD
Single level retail premises of 139sqm*
Returning $44,801.88 net per annum + GST
764 RIVERSDALE - SOLD
Single level retail premises of 119sqm*
Returning $41,199.96 net per annum + GST
Overall summary features:
✓ Combined Commercial 1 landholding of 920sqm*
✓ Substantial holding income of $124,194.24 net per annum plus the potential for an additional $27,000
✓ High exposure with 16.75m* frontage to Riversdale Road, offering future 11 metre height development potential (STCA).
✓ Premium Inner East location
✓ Fully leased except Level 1 at 760 Riversdale Road
✓ Well-connected by public transport, with the #70 tram on Riversdale Road and 800m from Riversdale Train Station
✓ Surrounded by various established businesses including Woolworths, Coles Supermarkets, Petbarn, Liquorland, Cartridge World, Reece Plumbing, Australia Post and many more.
✓ Excellent Council & Woolworths car park bordering the property
✓ Each property represents an excellent investment opportunity with further potential or one can acquire all three and secure an exciting landbank opportunity with a steady income in the meantime
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
NICK BREHENY
+61 411 601 7...
nbreheny@gormankelly.com.au
RICHARD MUNDAY
+61 408 407 6...
rmunday@gormankelly.com.au
Property ID: 504542596Last Updated: 30 Oct 2024
GormanKelly - Hawthorn1 Oxley Road
HAWTHORN, VIC 3122
HAWTHORN, VIC 3122
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