921 Burke Road,
Camberwell, VIC 3124
Shops & Retail • Other
Key property information
Floor area
Parking info
Zoning
Municipality
Tenure type
Sold on
Return
Map of 921 Burke Road
PRIME RETAIL - First Time Offered in Over 60 Years!
GormanKelly is pleased to offer 921 Burke Road, Camberwell for sale by auction, scheduled for Wednesday 16th October at 12.00 noon.
The opportunity presents to acquire a two-storey retail building with above residence in one of the region’s most sought-after retail strips.
We believe the most outstanding aspects of this property include:
* Ground Floor with secure 3+3 year lease to “Lucky Dumpling & Noodle Restaurant”
*First Floor residence leased on a verbal week-to-week basis for past 21 years (suit owner occupier)
* Total combined rental $45,930 net per annum plus outgoings and GST
* Potential for significant rental growth
* Building area 176m²*
* Land area 179m²* / Zoned Business 1
* Rear access via laneway offering on-site parking and access to first floor dwelling
* Premier offering in one of Melbourne’s best retail strips!
Due to the constant stream of traffic and as one of the region’s most popular retail strips, properties situated alongside Burke Road, Camberwell receive ample exposure. The locale in which the property is positioned is a well-established retail strip, strongly supported by the dense surrounding residential catchments and steady stream of passing motorists, tram services and foot traffic.
Furthermore the property is in close proximity to the following facilities:
* Located only a few doors up from Camberwell Train Station, on the Belgrave/Lilydale and Alamain train lines;
* Trams at doorstep in Burke Road;
* Positioned amongst an array of boutique stores, fine dining restaurants and contemporary cafes;
* Close to Recreational Facilities such as the Caulfield Racecourse, Caulfield Park Pavilion, Central Park, Milton Gray Reserve, to name a few
* Easy access to the Monash Freeway (M1) and Eastern Freeway;
* Only a short drive to Swinburne University and retail shopping along Glenferrie Road.
The opportunity presents to acquire a two-storey retail building with above residence in one of the region’s most sought-after retail strips.
We believe the most outstanding aspects of this property include:
* Ground Floor with secure 3+3 year lease to “Lucky Dumpling & Noodle Restaurant”
*First Floor residence leased on a verbal week-to-week basis for past 21 years (suit owner occupier)
* Total combined rental $45,930 net per annum plus outgoings and GST
* Potential for significant rental growth
* Building area 176m²*
* Land area 179m²* / Zoned Business 1
* Rear access via laneway offering on-site parking and access to first floor dwelling
* Premier offering in one of Melbourne’s best retail strips!
Due to the constant stream of traffic and as one of the region’s most popular retail strips, properties situated alongside Burke Road, Camberwell receive ample exposure. The locale in which the property is positioned is a well-established retail strip, strongly supported by the dense surrounding residential catchments and steady stream of passing motorists, tram services and foot traffic.
Furthermore the property is in close proximity to the following facilities:
* Located only a few doors up from Camberwell Train Station, on the Belgrave/Lilydale and Alamain train lines;
* Trams at doorstep in Burke Road;
* Positioned amongst an array of boutique stores, fine dining restaurants and contemporary cafes;
* Close to Recreational Facilities such as the Caulfield Racecourse, Caulfield Park Pavilion, Central Park, Milton Gray Reserve, to name a few
* Easy access to the Monash Freeway (M1) and Eastern Freeway;
* Only a short drive to Swinburne University and retail shopping along Glenferrie Road.
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
04186552...
921 Burke Road
Camberwell, VIC 3124
GormanKelly - Hawthorn1 Oxley Road
HAWTHORN, VIC 3122
HAWTHORN, VIC 3122
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
394-396 Burke Road,Camberwell, VIC 3124 352 m²Shops & Retail • Showrooms & Large Format Retail
