FOR SALE
Sale Price Unavailable

736 Burke Road
Camberwell VIC 3124

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 152m2
Land area: 128m2
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RETAIL INVESTMENT - CIRCA 4%

Ray White Commercial Oakleigh is pleased to offer 736 Burke Road, Camberwell to market by way of Private Sale.
This magnificent tenanted property offers investors a rare opportunity to secure a significant freehold positioned within the prime trading section of one of Melbourne's strongest performing and most prestigious retail strip centres.
The property is strategically located within the South-East corridor of Metropolitan Melbourne accessible via Toorak Road, Eastern Freeway and the Monash (M1) Freeway plus close proximity to Camberwell train Station making this property an outstanding investment opportunity!
Property Features:
• Total land area | 128m2*
• Total building area | 152m2*
• Including mezzanine floor with M/F toilets | 35m2*
• Handicapped toilet on the ground floor
• 5 Year Lease Commenced October 2021 + options
• Currently returning $59,849 p/a plus GST plus outgoings
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Property Details for 736 Burke Rd, Camberwell

Building Type
Commercial
Floor Size
152m2
Land Size
128m2

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About Camberwell 3124

The size of Camberwell is approximately 7.7 square kilometres. It has 24 parks covering nearly 5.8% of total area. The population of Camberwell in 2011 was 20,028 people. By 2016 the population was 22,063 showing a population growth of 10.2% in the area during that time. The predominant age group in Camberwell is 10-19 years. Households in Camberwell are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Camberwell work in a professional occupation. In 2011, 76.3% of the homes in Camberwell were owner-occupied compared with 70.9% in 2016.

Camberwell has 11,815 properties. Over the last 5 years, Houses in Camberwell have seen a 10.11% increase in median value, while Units have seen a 1.65% increase. As at 30 November 2024:

  • The median value for Houses in Camberwell is $2,547,709 while the median value for Units is $873,817.
  • Houses have a median rent of $950 while Units have a median rent of $610.
There are currently 28 properties listed for sale, and 14 properties listed for rent in Camberwell on OnTheHouse. According to CoreLogic's data, 448 properties were sold in the past 12 months in Camberwell.

Suburb Insights for Camberwell 3124

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George Kelepouris
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Ray White Commercial Oakleigh
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.