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An Investment a Cut Above! - Circa 5% yield!

730 Burke Road, CAMBERWELL VIC, 3124

Sold

Property Sold in 730 Burke Road, CAMBERWELL VIC, 3124

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11361595
Status:
Sold
Price:
Contact Agent
Last Updated:
06/12/2019
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Property Type

Retail
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Land Area

N/A
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Floor Area

240 SQM
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Parking

N/A

An Investment a Cut Above! - Circa 5% yield!

Located within the heart of Camberwell's sought after retail precinct, ground floor and basement 730 Burke Road is an iconic investment opportunity.

Leased to a well established and renowned hair and beauty salon, the subject property also benefits from additional income, encompassing two brand new 5 year leases returning a combined $90,000 per annum net.

730 Burke Road Camberwell boasts prominent street frontage whilst being surrounded by heavy retail hitters plus further benefits from its strategic position with a tram stop and pedestrian crossing at the door and is only 150m* away from Camberwell Train Station.

- Brand new 5 year leases
- Combined return: $90,000 p.a net
- Benefiting from dual income
- Building Area: 240m2*
- 2 car spaces via ROW
- Tram stop at your doorstep
- 150m* from Camberwell Train Station

*Approx.
Pricing excludes GST

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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