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760-764 Riversdale Road, Camberwell, VIC, 3124

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760-764 Riversdale Road, Camberwell, VIC, 3124

Camberwell

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760-764 Riversdale Road, Camberwell, VIC, 3124

Camberwell

SOLD
760-764 Riversdale Road, Camberwell, VIC, 3124

760-764 Riversdale Road, Camberwell, VIC, 3124

Properties / Sold / Victoria / Camberwell
Tenanted Investment
Selling Method
EOI
Selling Details
Closing Thursday 11th April 2024 at 2pm
Land Area
920 m² (*approx)
Floor Area
113 - 501 m² (*approx)
Property Type
Retail, Offices, Land
Sub-type
Strip Retail, Mixed Use, Office Suites
Est. Income
$124,194 p/a
Zone
Commercial 1
Show All
PRIME RETAIL INVESTMENTS WITH FUTURE DEVELOPMENT UPSIDE
  • 764 - last one remaining
  • Substantial holding income
  • Invest with future development potential

GormanKelly is pleased to present for sale 760 (SOLD), 762 (SOLD) and 764 Riversdale Road, Camberwell FOR SALE.

760 RIVERSDALE - SOLD

Two level retail freehold with first floor office

GROUND floor area of 130sq*

Returning $38,192.40 net per annum + GST

LEVEL 1 floor area of 113sqm*

Vacant possession

Potential rental of $27,000 net per annum + GST

762 RIVERSDALE - SOLD

Single level retail premises of 139sqm*

Returning $44,801.88 net per annum + GST

764 RIVERSDALE - LAST ONE REMAINING

Single level retail premises of 119sqm*

Returning $41,199.96 net per annum + GST

Overall summary features:

✓ Combined Commercial 1 landholding of 920sqm*

✓ Substantial holding income of $124,194.24 net per annum plus the potential for an additional $27,000

✓ High exposure with 16.75m* frontage to Riversdale Road, offering future 11 metre height development potential (STCA).

✓ Premium Inner East location

✓ Fully leased except Level 1 at 760 Riversdale Road

✓ Well-connected by public transport, with the #70 tram on Riversdale Road and 800m from Riversdale Train Station

✓ Surrounded by various established businesses including Woolworths, Coles Supermarkets, Petbarn, Liquorland, Cartridge World, Reece Plumbing, Australia Post and many more.

✓ Excellent Council & Woolworths car park bordering the property

✓ Each property represents an excellent investment opportunity with further potential or one can acquire all three and secure an exciting landbank opportunity with a steady income in the meantime

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

NICK BREHENY

+61 411 601 730

[email protected]

RICHARD MUNDAY

+61 408 407 603

[email protected]

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

760-764 Riversdale Road Investment Summary

Property Type
Retail, Offices, Land
Sub-type
Strip Retail, Mixed Use, Office Suites
Est. Income
$124,194 p/a
Land Area
920 m² (*approx)
Floor Area
113 - 501 m² (*approx)
Zone
Commercial 1
Selling Method
EOI
EOI Closing Date
18 Apr 2024 02:00PM
Selling Details
Closing Thursday 11th April 2024 at 2pm

Investment Highlights

PRIME RETAIL INVESTMENTS WITH FUTURE DEVELOPMENT UPSIDE
  • 764 - last one remaining
  • Substantial holding income
  • Invest with future development potential

GormanKelly is pleased to present for sale 760 (SOLD), 762 (SOLD) and 764 Riversdale Road, Camberwell FOR SALE.

760 RIVERSDALE - SOLD

Two level retail freehold with first floor office

GROUND floor area of 130sq*

Returning $38,192.40 net per annum + GST

LEVEL 1 floor area of 113sqm*

Vacant possession

Potential rental of $27,000 net per annum + GST

762 RIVERSDALE - SOLD

Single level retail premises of 139sqm*

Returning $44,801.88 net per annum + GST

764 RIVERSDALE - LAST ONE REMAINING

Single level retail premises of 119sqm*

Returning $41,199.96 net per annum + GST

Overall summary features:

✓ Combined Commercial 1 landholding of 920sqm*

✓ Substantial holding income of $124,194.24 net per annum plus the potential for an additional $27,000

✓ High exposure with 16.75m* frontage to Riversdale Road, offering future 11 metre height development potential (STCA).

✓ Premium Inner East location

✓ Fully leased except Level 1 at 760 Riversdale Road

✓ Well-connected by public transport, with the #70 tram on Riversdale Road and 800m from Riversdale Train Station

✓ Surrounded by various established businesses including Woolworths, Coles Supermarkets, Petbarn, Liquorland, Cartridge World, Reece Plumbing, Australia Post and many more.

✓ Excellent Council & Woolworths car park bordering the property

✓ Each property represents an excellent investment opportunity with further potential or one can acquire all three and secure an exciting landbank opportunity with a steady income in the meantime

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

NICK BREHENY

+61 411 601 730

[email protected]

RICHARD MUNDAY

+61 408 407 603

[email protected]

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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760-764 Riversdale Road, Camberwell, VIC, 3124

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Property Location of 760-764 Riversdale Road, Camberwell, VIC, 3124

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