Prime Camberwell retail investment leased to national franchise 'Dosa Plaza' (trading as Veggie Living Pty Ltd)
Strategically located on the high exposure corner of Toorak and Camberwell Roads benefiting from 15,500* cars passing daily
Positioned in one of Melbourne's most lucrative and sought after suburbs, Camberwell, with a median house price over $1,890,000
Outstanding security with a seven (7) year net lease, fixed rental increases and four (4) further terms of five (5) years
Net annual income of $135,000* + GST + Outgoings
Only 2km's to the popular cafA© and retail precinct Camberwell Junction
Significant building area of 374sqm* with ten (10) basement car parks on title
Outstanding prominent corner position providing 2 extensive street frontages to Toorak and Camberwell Roads with a combined frontage of over 55m
Favorable 6 month bank guarantee with depreciation benefits
The local catchment is undergoing strong population growth with a number of apartment projects either under way or in planning stages
Surrounded by quality amenity, only metres to both 'Hartwell Village' and Burwood Village shopping precinct featuring cafA©s/restaurants, retail and lifestyle options
Within walking distance to Hartwell Train Station, tram stops, and located just 13km* from the Melbourne CBD with direct access via the Monash Freeway.
FOR SALE VIA PUBLIC ON-SITE AUCTION, THURSDAY 10TH NOVEMBER 2016 AT 2.30PM
For more information, please contact the exclusive sales and marketing agents:
Sandro
+61 418 389 757
Rorey James
+61 439 400 081
Nic Hage
+61 448 782 594
Benson Zhou
+61 401 873 499
*approx