GormanKelly is pleased to offer 921 Burke Road, Camberwell for sale by auction, scheduled for Wednesday 16th October at 12.00 noon.

The opportunity presents to acquire a two-storey retail building with above residence in one of the region’s most sought-after retail strips.

We believe the most outstanding aspects of this property include:

* Ground Floor with secure 3+3 year lease to “Lucky Dumpling & Noodle Restaurant”
*First Floor residence leased on a verbal week-to-week basis for past 21 years (suit owner occupier)
* Total combined rental $45,930 net per annum plus outgoings and GST
* Potential for significant rental growth
* Building area 176m²*
* Land area 179m²* / Zoned Business 1
* Rear access via laneway offering on-site parking and access to first floor dwelling
* Premier offering in one of Melbourne’s best retail strips!

Due to the constant stream of traffic and as one of the region’s most popular retail strips, properties situated alongside Burke Road, Camberwell receive ample exposure. The locale in which the property is positioned is a well-established retail strip, strongly supported by the dense surrounding residential catchments and steady stream of passing motorists, tram services and foot traffic.

Furthermore the property is in close proximity to the following facilities:
* Located only a few doors up from Camberwell Train Station, on the Belgrave/Lilydale and Alamain train lines;
* Trams at doorstep in Burke Road;
* Positioned amongst an array of boutique stores, fine dining restaurants and contemporary cafes;
* Close to Recreational Facilities such as the Caulfield Racecourse, Caulfield Park Pavilion, Central Park, Milton Gray Reserve, to name a few
* Easy access to the Monash Freeway (M1) and Eastern Freeway;
* Only a short drive to Swinburne University and retail shopping along Glenferrie Road.