The Investment
* 3 + 3 year lease from 24/05/2021
* Lease expiry is 23/05/2027
* Returning $51,228 per annum net
* Rent increases in May 2025 to $53,016 per annum net
* Outgoings paid by the tenant, including Land Tax
* $10,000 security deposit and Directors guarantee
The Property
* 125 sqm office with two designated basement car bays
* In a 5 level classy office building, within quick walking distance from Camberwell Junction
* Two internal elevators to each level, and basement car park access from the side street
* Positioned on the third floor with sweeping views of the CBD and eastern suburbs
* Functional fitout with front reception and waiting area, 5 partitioned offices, board room, and open plan workspace
* Regular shaped floor plan
* Light and bright with lots of natural light
* Shared M + F and kitchenette on each floor, always immaculately clean
The Location and Further Info
* Just metres from one of Melbourne's most prominent retail junctions
* Camberwell Junction is on the corner of Burke Road, Camberwell Road and Riversdale Road
* Camberwell is underpinned by the Burke Road retail precinct - "high street retail, shopping centres, office buildings and some of Melbourne's best restaurants and cafes
* 10 kilometres east of the CBD
* Walking distance to tram and rail
* Median house price in Camberwell of $2,650,000, and median unit price of $902,000
