FOR PRIVATE SALE
Savills are delighted to present for sale this prized Burke Hill retail investment opportunity located at 762 Burke Road, Camberwell.
The property benefits from a 10-year lease to top hospitality tenant "Okami" with this strong trading location being one of the few centrally owned by the Okami head office.
Key highlights include:
Classic double storey 210sqm* retail freehold
Prime 198sqm* landholding with rear access
Returning $110,000 p.a* + GST & outgoings with annual CPI increases
Occupied by the highly established Okami Japanese Restaurant (53 stores Australia-wide), this top-performing store is one of the few centrally owned by the Okami head office.
10-year lease with an option to extend for a further 5 years
Ideal Commercial 1 zone
Iconic Burke Road retail location surrounded by a myriad of national tenants, boutique retailers & hospitality venues
Ample surrounding parking and public transport including Camberwell Station within 150m*
*Approximate
To obtain further information, or to arrange an inspection, please contact the exclusive selling agents.
Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655
Beau Bakhtani - 0412 159 038
Tanya Su - 0430 302 950