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Teska Carson Pty Ltd - Richmond

12-16 Camberwell Road Hawthorn East, VIC 3123

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12-16 Camberwell Road,
Hawthorn East, VIC 3123

Shop & Retail • Development Sites & Land • Medical & Consulting

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Sale - Expression of Interest closing Thu 24 Jun

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Teska Carson Pty Ltd - Richmond
12-16 Camberwell Road
Hawthorn East, VIC 3123
Teska Carson Pty Ltd - Richmond

Teska Carson Pty Ltd - Richmond

6 Yorkshire Street
RICHMOND, VIC 3121

Map of 12-16 Camberwell Road

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  • Train stations within 5 km of 12-16 Camberwell Road, Hawthorn East, VIC 3123Distance
    Auburn Station385 m
    Camberwell Station895 m
    Glenferrie Station1.2 km
    East Camberwell Station1.8 km
    Riversdale Station1.9 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 12-16 Camberwell Road, Hawthorn East, VIC 3123Distance
    37-Tooronga Rd/Riversdale Rd (Hawthorn East)665 m
    38-Hastings Rd/Riversdale Rd (Hawthorn East)674 m
    35-Robinson Rd/Riversdale Rd (Hawthorn)813 m
    64-Camberwell Station/Burke Rd (Camberwell)831 m
    65-Victoria Rd/Burke Rd (Camberwell)858 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 12-16 Camberwell Road, Hawthorn East, VIC 3123Distance
    Auburn GR/Auburn Rd (Hawthorn East)346 m
    Oxley Rd/Auburn Rd (Hawthorn)402 m
    Bowler St/Auburn Rd (Hawthorn East)500 m
    Urquhart St/Auburn Rd (Hawthorn)540 m
    Liddiard St/Auburn Rd (Hawthorn)572 m
    POWERED BY HERE ©
POWERED BY HERE ©

SUBSTANTIAL VALUE ADD INVESTMENT WITH DEVELOPMENT UPSIDE

  • Multi tenanted Inner East asset
  • Significant rent reversion opportunity
  • Potential income $550,000 + pa net
Teska & Carson is pleased to offer 12-16 Camberwell Road, Hawthorn East for sale by Expressions of Interest closing Thursday 24th June at 3pm.

An incredible opportunity to secure a multi tenanted three (3) level commercial building, located within the blue chip suburb of Hawthorn East.

Key investment highlights:

- Currently providing an annual income of $415,722 + GST & Outgoings.

- Potential income of $550,000 per annum + GST & Outgoings.

- Recently renewed five (5) year lease with longstanding tenant ‘Fernwood Fitness’ plus additional five (5) year option.

- Significant rent reversion opportunity with ground floor tenant ‘Pabs Furniture’ paying $128/sqm and reverting to a month to month lease from August 2021.

- 1,338sqm of valuable Commercial 1 zoned land plus multi height precedent, providing enormous upside for a range of development outcomes.

- A total building area of 2,420sqm* plus on-site parking for up to 34 cars.

- Front and rear access to the building plus additional rear loading dock via Russell Place & Auburn Grove.

- High exposure location with an expansive 24 metre frontage to Camberwell Road and nearby Burwood Road.

- Close proximity to high performing retail & food precincts Burke & Glenferrie Roads.

For further information please do not hesitate to call for further information.

*approximate

For further information please do not hesitate to call for further information.

Luke Bisset +61 400 344 211
Larry Takis +61 418 844 558

Property ID: 503827802Last Updated: 18 Jun 2021

Agency contacts

Teska Carson Pty Ltd - Richmond
6 Yorkshire Street
RICHMOND, VIC 3121
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Larry Takis

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Larry Takis
Teska Carson Pty Ltd - Richmond
12-16 Camberwell Road Hawthorn East, VIC 3123

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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