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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
240 Camberwell Road, Camberwell is For Sale by Public Auction Friday 2 December 2022 at 2.30pm on-site (AEDT).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents at JLL Melbourne.
Tim Carr | 0415 767 915
Jarrod Herscu | 0418 155 062
Josh Rutman | 0411 27 37 46
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 688 998， 电子邮件： Mingxuan.Li@ap.jll.com， 或微信WeChat ID: Mingxuanli777
· High Profile Camberwell Junction Location
· Unprecedented retail frontage of over 84m*
· Longstanding Tenant with Options to 2031