A fantastic opportunity to secure a prime Camberwell retail freehold investment with dual street frontages offering significant redevelopment potential located metres from bustling Camberwell Junction.
We highlight the following key attributes:
* Single level retail freehold of 101 sqm approx. with on-site parking for 4 cars
* Leased to a longstanding tenant on flexible lease terms
* Current income $67,113 per annum plus GST and outgoings
* Commercial 1 zoned site of 217 sqm approx. with dual street frontages and low site coverage
* Suitable for investors, owner occupiers or developers
Prominently located on the northern side of Riversdale Road approximately 150 metres from Camberwell Junction, the property occupies a high exposure position located amongst various national retailers, including Country Road and Chemist Warehouse, and is metres from the well-known Camberwell Market which has recently undergone a substantial refurbishment. Additionally, located to the rear of the property on Station Street is Woolworths, Target, Aldi and Officeworks. Tram, train and bus services all operate within immediate proximity.
For more details, please email agent