762 Burke Road,
Camberwell, VIC 3124
Shops & Retail
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Sale - Expression of Interest
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Savills - Melbourne
Level 29, South Tower, 80 Collins StreetMELBOURNE, VIC 3000
762 Burke Road
Camberwell, VIC 3124
Map of 762 Burke Road
Train stations within 5 km of 762 Burke Road, Camberwell, VIC 3124 Distance Camberwell Station 182 m East Camberwell Station 895 m Auburn Station 1.1 km Riversdale Station 1.2 km Willison Station 1.6 km POWERED BY HERE ©Tram stops within 5 km of 762 Burke Road, Camberwell, VIC 3124 Distance 64-Camberwell Station/Burke Rd (Camberwell) 101 m 65-Victoria Rd/Burke Rd (Camberwell) 186 m 63-Prospect Hill Rd/Burke Rd (Camberwell) 326 m 66-Rathmines Rd/Burke Rd (Hawthorn East) 405 m 66-Canterbury Rd/Burke Rd (Camberwell) 431 m POWERED BY HERE ©Bus stops within 5 km of 762 Burke Road, Camberwell, VIC 3124 Distance Prospect Hill Rd/Fairholm GR (Camberwell) 418 m Camberwell Shopping Centre/Station St (Camberwell) 453 m Craig Ave/Prospect Hill Rd (Camberwell) 497 m Broadway/Stanhope GR (Camberwell) 615 m 29 Fairholm GR 620 m POWERED BY HERE ©
POWERED BY HERE ©
Prized Burke Hill Retail Investment Opportunity
- Returning $110,000 pa* + GST & outgoings
- 10+5-yr lease to top hospitality tenant
- Classic two storey 210sqm* building
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
762 Burke Road, Camberwell is offered For Sale by Expressions of Interest closing Wednesday, 19 June at 2:00 pm (AEST).
To obtain further information, or to arrange an inspection, please contact the exclusive selling agents.
Benson Zhou - 0458 488 8...
Julian Heatherich - 0412 995 6...
Beau Bakhtani - 0412 159 0...
Tanya Su - 0430 302 9...
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
762 Burke Road, Camberwell is offered For Sale by Expressions of Interest closing Wednesday, 19 June at 2:00 pm (AEST).
To obtain further information, or to arrange an inspection, please contact the exclusive selling agents.
Benson Zhou - 0458 488 8...
Julian Heatherich - 0412 995 6...
Beau Bakhtani - 0412 159 0...
Tanya Su - 0430 302 9...
Additional information
Property ID: 504597812Last Updated: 22 May 2024
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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398-410 Burke Road,Camberwell, VIC 3124 1963 m²Development Sites & Land • Shops & Retail