240 Camberwell Road,
Camberwell, VIC 3124
Shops & Retail • Offices • Showrooms & Large Format Retail
Price information
Sold
$6,010,000
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
JLL - Melbourne
Level 40, 101 Collins StreetMELBOURNE, VIC 3000
240 Camberwell Road
Camberwell, VIC 3124
Map of 240 Camberwell Road
PROUDLY SOLD BY JLL MELBOURNE
- High Profile Camberwell Location
- Unprecedented retail frontage
- Longstanding Tenant with Options to 2031
MAKE YOUR MARK ON ONE OF MELBOURNE’S HIGHEST PROFILE CORNERS
JLL Melbourne has the exclusive privilege of offering for sale this truly unique retail freehold positioned on one of Melbourne’s most high-profile corners in the Camberwell Junction.
Key details of 240 Camberwell Road (Corner Burke & Riversdale Roads) include:
+ Dominant retail freehold positioned on a premier corner in the Camberwell Junction
+ Ultra high profile location with frontages to Camberwell, Riversdale and Burke Roads totalling 84 metres*, with 50,000* vehicles passing daily**
+ Leased to longstanding retailer, ‘Sight + Sound Galleria’, with options until 2031
+ Current income of $260,813 per annum* + GST and Outgoings
+ Fixed annual rental growth of 3.0% per annum
+ Secure at-grade carparking for 5 vehicles accessible via Burke Road
+ Surrounded by national retailers including Country Road, Witchery, Minimax, Boost Juice, Chemist Warehouse as well as the highly popular Camberwell Market and major supermarkets Woolworths, Coles and Aldi
+ Convenient access to nearby tram networks on Riversdale, Camberwell and Burke Roads as well as nearby Camberwell Train Station
+ Camberwell is one of Melbourne’s most established and lucrative suburbs, boasting a median house price of $2,615,000^, 2.42 times higher than Metropolitan Melbourne
*Approx.
** Vicroads
^ Realestate.com.au
PROUDLY SOLD BY JLL MELBOURNE
To obtain further information or to arrange an inspection, please contact the exclusive selling agents at JLL Melbourne.
AGENTS:
Tim Carr | 0415 767 9...
Jarrod Herscu | 0418 155 0...
Josh Rutman | 0411 27 37 ...
JLL Asia Markets:
中文普通话咨询物业详情，请联系Mingxuan Li李名轩。 手机： 0498 688 9...， 电子邮件： Mingxuan.Li@ap.jll.com， 或微信WeChat ID: Mingxuanli777
JLL Melbourne has the exclusive privilege of offering for sale this truly unique retail freehold positioned on one of Melbourne’s most high-profile corners in the Camberwell Junction.
Key details of 240 Camberwell Road (Corner Burke & Riversdale Roads) include:
+ Dominant retail freehold positioned on a premier corner in the Camberwell Junction
+ Ultra high profile location with frontages to Camberwell, Riversdale and Burke Roads totalling 84 metres*, with 50,000* vehicles passing daily**
+ Leased to longstanding retailer, ‘Sight + Sound Galleria’, with options until 2031
+ Current income of $260,813 per annum* + GST and Outgoings
+ Fixed annual rental growth of 3.0% per annum
+ Secure at-grade carparking for 5 vehicles accessible via Burke Road
+ Surrounded by national retailers including Country Road, Witchery, Minimax, Boost Juice, Chemist Warehouse as well as the highly popular Camberwell Market and major supermarkets Woolworths, Coles and Aldi
+ Convenient access to nearby tram networks on Riversdale, Camberwell and Burke Roads as well as nearby Camberwell Train Station
+ Camberwell is one of Melbourne’s most established and lucrative suburbs, boasting a median house price of $2,615,000^, 2.42 times higher than Metropolitan Melbourne
*Approx.
** Vicroads
^ Realestate.com.au
PROUDLY SOLD BY JLL MELBOURNE
To obtain further information or to arrange an inspection, please contact the exclusive selling agents at JLL Melbourne.
AGENTS:
Tim Carr | 0415 767 9...
Jarrod Herscu | 0418 155 0...
Josh Rutman | 0411 27 37 ...
JLL Asia Markets:
中文普通话咨询物业详情，请联系Mingxuan Li李名轩。 手机： 0498 688 9...， 电子邮件： Mingxuan.Li@ap.jll.com， 或微信WeChat ID: Mingxuanli777
Property ID: 504194563Last Updated: 1 Feb 2023
JLL - MelbourneLevel 40, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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