394-396 Burke Road,
Camberwell, VIC 3124
Shops & Retail • Showrooms & Large Format Retail
Key property information
Floor area
Zoning
Tenure type
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Gorman Commercial Real Estate
L1 /415 Riversdale RoadHAWTHORN EAST, VIC 3123
394-396 Burke Road
Camberwell, VIC 3124
Map of 394-396 Burke Road
SUBSTANTIAL RETAIL INVESTMENT WITH INCOME & FUTURE DEVELOPMENT POTENTIAL
- Land area: 370 sqm (approx.)
- Income: $53,044 pa + GST + outgoings
- R.O.W at rear
Gorman Allard Shelton is pleased to offer 394-396 Burke Road, Camberwell for sale by way of public auction on Wednesday 31st May 2023 at 12 noon on-site.
This prime double fronted shop, offers purchasers the opportunity to secure a versatile showroom investment with rental uplift and future development potential (STCA).
Key property features include:
* Land area: 370 sqm (approx.)
* Building area: 352 sqm (approx.)
* Income: $53,044 pa + GST + outgoings
* Zoning: Commercial 1
* Rear R.O.W accessible via Toorak Road
* 10m+ frontage
Located in close proximity to the intersection of Toorak Road and Burke Road with easy access to the Monash Freeway. The property is well serviced by public transport and lifestyle amenity.
This prime double fronted shop, offers purchasers the opportunity to secure a versatile showroom investment with rental uplift and future development potential (STCA).
Key property features include:
* Land area: 370 sqm (approx.)
* Building area: 352 sqm (approx.)
* Income: $53,044 pa + GST + outgoings
* Zoning: Commercial 1
* Rear R.O.W accessible via Toorak Road
* 10m+ frontage
Located in close proximity to the intersection of Toorak Road and Burke Road with easy access to the Monash Freeway. The property is well serviced by public transport and lifestyle amenity.
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
Median age
Owners
Most residents
Families
Most households
Gorman Commercial Real Estate L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
HAWTHORN EAST, VIC 3123
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1355 & 1357 Toorak Road,Camberwell, VIC 3124 90 m²Shops & Retail • Development Sites & Land • Offices
