933 Burke Road,
Camberwell, VIC 3124
Shops & Retail
Price information
Sold
$2,120,000
Key property information
Land area
Floor area
Zoning
Tenure type
Sold on
Map of 933 Burke Road
Landmark Corner Retail Investment!
Located in an outstanding position within Burke Road Camberwell's sought after retail precinct, this character filled two level retail/commercial building is now available for sale for the first time in over 30 years.
Features include:
- Current Rental Return: $79,320 per annum
- Building area: 215m2 plus terraces 31m2 *
- Land area: 208m2*
- Burke Road frontage 6.3 metres *
- Rear Right of way and car parking
- City views from first floor
- Trams at your door step
- 230m* from Camberwell Train Station
933 Burke Road, ground floor retail area is currently leased to a long established business currently operating as "Alter It" on a 5+5 year lease and returns $45,320.00 pa net.
792 Burwood Road, ground floor and first floor is leased to "Haim Real Estate Pty Ltd" on a 3+3+3 lease, returning $34,000.00 pa net.
The property is well positioned in the heart of the main retail strip of Camberwell and benefits from nearby major retailers including The Well Shopping Centre anchored by Coles Supermarket; the iconic Camberwell Market; Woolworths and Target as well as major banks including ANZ, Commonwealth Bank, Bank of Melbourne and NAB all within close proximity from the property.
*approx
Features include:
- Current Rental Return: $79,320 per annum
- Building area: 215m2 plus terraces 31m2 *
- Land area: 208m2*
- Burke Road frontage 6.3 metres *
- Rear Right of way and car parking
- City views from first floor
- Trams at your door step
- 230m* from Camberwell Train Station
933 Burke Road, ground floor retail area is currently leased to a long established business currently operating as "Alter It" on a 5+5 year lease and returns $45,320.00 pa net.
792 Burwood Road, ground floor and first floor is leased to "Haim Real Estate Pty Ltd" on a 3+3+3 lease, returning $34,000.00 pa net.
The property is well positioned in the heart of the main retail strip of Camberwell and benefits from nearby major retailers including The Well Shopping Centre anchored by Coles Supermarket; the iconic Camberwell Market; Woolworths and Target as well as major banks including ANZ, Commonwealth Bank, Bank of Melbourne and NAB all within close proximity from the property.
*approx
Property ID: 501700197Last Updated: 2 Oct 2019
933 Burke Road
Camberwell, VIC 3124
CVA Property Consultants - Melbourne18-20 Russell Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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