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4 Prospect Hill Road Camberwell, VIC 3124

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4 Prospect Hill Road,
Camberwell, VIC 3124

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Commanding Bank Investment

  • Substantial Double Fronted Freehold
  • Secure 5 Year Leases In Place
  • Popular Retail Location
Fitzroys is delighted to offer for sale by Public Auction on Friday 21st July at 1pm on site, this outstanding freehold investment anchored by the ASX listed Bendigo and Adelaide Bank.

Key property features include:

- Centrally positioned within one of Melbourne's most valuable retail precincts
- Substantial two storey freehold of 788 sqm approx.
- Generously proportioned site of 431 sqm approx.
- Prominent dual street frontage of over 15 metres each to Prospect Hill Road and Market Place Carpark
- New 5 year leases in place to ground floor tenant, Bendigo and Adelaide Bank Ltd and first floor tenant, CIPL Ltd
- Combined rental return of $306,983 per annum approx. (as at Nov 2017)
- Future value add potential (stca)

A rare opportunity to acquire a securely leased, double fronted retail investment in a blue chip location surrounded by a variety of Australia’s largest retailers.

For further information, please contact Fitzroys.

Additional information

Property ID: 502443590Last Updated: 17 Sep 2017

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4 Prospect Hill Road
Camberwell, VIC 3124
Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000
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