A Fitting Investment With Upside
Fitzroys is pleased to bring to the market 632 Burke Road, Camberwell for sale via Online Auction Friday 10th September at 1pm.
This impressive freehold investment featuring future upside is situated in the prime activity zone of Burke Road, Camberwell – one of Melbourne’s most highly regarded strip shopping precincts.
We highlight the key features of this outstanding opportunity:
- New 5 year lease to Burke Road’s longest standing tenant – Cavalier Menswear
- Returning $115,000 per annum plus outgoings (exc. Land Tax)
- Impressive two level building of 234sqm*
- Centrally located site area of 253sqm* with frontage Burke Road & Market Place
- Ability to activate/redevelop rear land with a range of development outcomes (STPA)
- Excellent public car parking on Market Place
- Serviced by an affluent local demographic with leading private schools and excellent amenities nearby
- Surrounded by Australia’s leading high end retailers including Mecca Cosmetica, Decjuba, Athletes Foot, Sheridan, Bed Bath N' Table and more
- Outstanding opportunity to acquire a highly sought after freehold investment in Melbourne's premier shopping strip