» »
Absolute Prime Retail Freehold With Enormous Upside

652 Burke Road, CAMBERWELL VIC, 3124

For Sale

Property for Sale in 652 Burke Road, CAMBERWELL VIC, 3124

Listing ID:
11368297
Status:
Active
For:
Sale
Price:
Immediate Private Sale
Last Updated:
26/03/2020
Icon building

Property Type

Retail/Land/Development/Other
Icon square

Land Area

348 SQM
Icon size

Floor Area

125 SQM
Icon parking

Parking

N/A

Absolute Prime Retail Freehold With Enormous Upside

Savills is delighted to offer for sale this absolute prime retail freehold at 652 Burke Road, Camberwell. The property represents a truly rare opportunity to secure a premium retail freehold situated in the prime Burke Road retail strip with significant upside and value add potential.

Key attributes of this outstanding opportunity include:
• Prestigious Burke Road Freehold
• Significant landholding of 348sq m*
• Single level retail freehold of 125sq m*
• Two prominent retail frontages to blue-chip Burke Road and Market Place at the rear
• Current rental of $136,570 per annum*
• Long standing tenant
• One of the last remaining underdeveloped dual fronted Burke Road properties
• Commercial 1 Zoning
• Rare vacant rear portion fronting Market Place and Woolworths carpark offering significant development potential
• Exceptional opportunity to invest, occupy or develop in one of Melbourne’s most sought after retail strips surrounded by international and national retailers
*Approx.

Immediate Private Sale

Savills Agents:
Nick Peden: 0402 011 266
Mark Stafford: 0404 401 053
Benson Zhou: 0458 488 888

For more details, please email agent

Savills Melbourne

Level 48, 80 Collins Street, Melbourne, VIC 3000


More properties from Savills Melbourne
Sold
3 Bleazby Avenue, BRIGHTON VIC, 3186

3 Bleazby Avenue,...

Land/DevelopmentLand/Development
Sold
67-69 Palmerston Crescent, SOUTH MELBOURNE VIC, 3205

67-69 Palmerston ...

Land/DevelopmentOffices
Sold
157-159 Nepean Highway, MENTONE VIC, 3194

157-159 Nepean Hi...

Retail
Sold
101-103 White Street, MORDIALLOC VIC, 3195

101-103 White Str...

Land/DevelopmentLand/Development
Sold
32-34 Graham Road, HIGHETT VIC, 3190

32-34 Graham Road...

Land/DevelopmentLand/Development
Sold
304 Maroondah Highway, RINGWOOD VIC, 3134

304 Maroondah Hig...

Land/DevelopmentLand/Development
More properties from Camberwell
For Lease
1360 Toorak Road, CAMBERWELL VIC, 3124

1360 Toorak Road,...

Showrooms/Bulky GoodsRetail
For Lease
694 Burke  Road, CAMBERWELL VIC, 3124

694 Burke Road, ...

Retail
For Lease
10 Prospect Hill Road, CAMBERWELL VIC, 3124

10 Prospect Hill ...

RetailOffices
Leased
1380 Toorak Road, CAMBERWELL VIC, 3124

1380 Toorak Road,...

Retail
For Lease
664 Burke Road, CAMBERWELL VIC, 3124

664 Burke Road, C...

RetailOffices
For Lease
104A Warrigal Road, CAMBERWELL VIC, 3124

104A Warrigal Roa...

RetailOffices
Loading...