1222 Toorak Road,
Camberwell, VIC 3124

Shops & Retail • Offices • Other

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Map of 1222 Toorak Road

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VERSATILE RETAIL / RESIDENTIAL FREEHOLD

Building Area: 189sqm
Land Area: 254sqm
Potential to return $45,000 pa.

GormanKelly is pleased to offer 1222 Toorak Road, Camberwell for private sale.

An outstanding opportunity to secure an affordable and versatile commercial and residential freehold in a high exposure Camberwell location offering full flexibility.

We believe the most outstanding aspects of this property include:
- Two level high exposure retail / residential premises with courtyard and rear laneway access;
- Building area 189m² with rear onsite parking;
- Offered with vacant possession;
- Potential to return $45,000 per annum plus outgoings & GST;
- Suitable for Owner Occupiers or Investors with future potential to develop (STCA);
- Land area 254m² / Zoned Commercial 1;
- Great location – public transport at doorstep, close to Burwood train station with the Monash Freeway just moments away. The property is located within close proximity to Stockland Tooronga which is anchored by Coles, Bakers Delight, Amcal Pharmacy, First Choice Liquor and Flight Centre. The property is also within walking distance to Leo’s Supermarket.

Camberwell, 3124 demographic data

The median household income for Camberwell is $2,457, 29% higher than Greater Melbourne's household income of $1,901. Camberwell has an older age profile compared to the rest of Greater Melbourne (median age 43 vs 37). Property ownership data shows 40% of property owners in Camberwell have a mortgage.

21,965

Population

$2,457 per week

Median household income

43 years

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