Under instructions from Advise Transact, Lemon Baxter and Gorman Commercial are delighted for the first time in thirty years to exclusively offer the 100% Freehold interest in Junction House | 695 Burke Road, Camberwell.
Positioned at the heart of Camberwell Junction, a location synonymous with prestige, amenity and connectivity, Junction House is a pinnacle investment, truly land rich, with the following investment highlights:
• Quality existing improvements across 3,577 sqm* of NLA and 54 basement car bays, now considered well below replacement cost, offering flexibility to reposition or repurpose and capture future rental uplift.
• Proven and secure cash flow with strong existing income of $925,000 per annum*, with considerable potential for rental reversion through strategic leasing and targeted value-add initiatives.
• Estimated fully leased income of $1,450,000 per annum*.
• A balanced tenancy mix with a staggered lease expiry profile, providing income security today and optionality for reversion or future owner-occupation.
• Situated within one of Melbourne’s most prestigious and tightly held commercial enclaves at Camberwell Junction, located just 7.5 kilometres* from the CBD, underpinning long-term investor demand.
• A landmark corner holding in the heart of Melbourne’s most vibrant and connected commercial hub, surrounded by national retailers and unrivalled public transport connectivity.
• The Camberwell Junction office market continues to demonstrate exceptionally low vacancy and consistent capital growth, reinforcing its reputation as one of Melbourne’s most resilient investment precincts.
• The underlying 1,115sqm* freehold land ensures the land value will ultimately surpass the investment value, supporting future exit pricing and long-term capital preservation.
• Benefitting from Commercial 1 Zoning and a local planning precedent for up to 14 levels, the property provides genuine long-term redevelopment flexibility.
• Upper levels capture panoramic Melbourne CBD views and abundant, quality natural light — a rare attribute that enhances both occupier appeal and future development potential.
• 3.5 Star NABERS Energy rating.
For Sale by Expressions of Interest closing on Tuesday 2 December 2025 at 2pm (AEST).
For further information or to arrange an inspection please contact the exclusive selling agents below:
LEMON BAXTER
Thomas Blencowe | 0401 197 122
Paul O’Sullivan | 0412 410 366
GORMAN COMMERCIAL
Peter Bremner
0412 326 942
Stephen Gorman
0418 321 828
Jonathon McCormack
0418 835 885
*Approximate.
Remember to mention you found this property on CommercialReady
Under instructions from Advise Transact, Lemon Baxter and Gorman Commercial are delighted for the first time in thirty years to exclusively offer the 100% Freehold interest in Junction House | 695 Burke Road, Camberwell.
Positioned at the heart of Camberwell Junction, a location synonymous with prestige, amenity and connectivity, Junction House is a pinnacle investment, truly land rich, with the following investment highlights:
• Quality existing improvements across 3,577 sqm* of NLA and 54 basement car bays, now considered well below replacement cost, offering flexibility to reposition or repurpose and capture future rental uplift.
• Proven and secure cash flow with strong existing income of $925,000 per annum*, with considerable potential for rental reversion through strategic leasing and targeted value-add initiatives.
• Estimated fully leased income of $1,450,000 per annum*.
• A balanced tenancy mix with a staggered lease expiry profile, providing income security today and optionality for reversion or future owner-occupation.
• Situated within one of Melbourne’s most prestigious and tightly held commercial enclaves at Camberwell Junction, located just 7.5 kilometres* from the CBD, underpinning long-term investor demand.
• A landmark corner holding in the heart of Melbourne’s most vibrant and connected commercial hub, surrounded by national retailers and unrivalled public transport connectivity.
• The Camberwell Junction office market continues to demonstrate exceptionally low vacancy and consistent capital growth, reinforcing its reputation as one of Melbourne’s most resilient investment precincts.
• The underlying 1,115sqm* freehold land ensures the land value will ultimately surpass the investment value, supporting future exit pricing and long-term capital preservation.
• Benefitting from Commercial 1 Zoning and a local planning precedent for up to 14 levels, the property provides genuine long-term redevelopment flexibility.
• Upper levels capture panoramic Melbourne CBD views and abundant, quality natural light — a rare attribute that enhances both occupier appeal and future development potential.
• 3.5 Star NABERS Energy rating.
For Sale by Expressions of Interest closing on Tuesday 2 December 2025 at 2pm (AEST).
For further information or to arrange an inspection please contact the exclusive selling agents below:
LEMON BAXTER
Thomas Blencowe | 0401 197 122
Paul O’Sullivan | 0412 410 366
GORMAN COMMERCIAL
Peter Bremner
0412 326 942
Stephen Gorman
0418 321 828
Jonathon McCormack
0418 835 885
*Approximate.
Remember to mention you found this property on CommercialReady