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796 Burke Road, CAMBERWELL VIC 3124 SOLD
DUAL INCOME RETAIL INVESTMENT ON LARGE ALLOTMENT & HUGE UPSIDE
17
Price
Contact Agent
Building Area
250 sqm
Land Area
444 sqm
- Combined Income: $76,326 pa net
- Large allotment of 444 sqm
- Development potential (STCA)
Description
Gorman Commercial is pleased to offer Shops 1 & 2, 796 Burke Road, Camberwell for sale via Auction on Wednesday 9th October at 12 noon on-site.
With strong rental income underpinned by a generous land component this outstanding freehold represents unlimited long-term development opportunity (STCA).
Key property features include:
* Combined Rental Income: $76,326 pa net
* Land Area: 444 sqm approx. including a frontage to Burke Road in excess of 12 metres
* Building Area: 250 sqm approx.
* Commercial 1 zoning
* R.O.W at rear
Strategically located on Burke Road Hill, this generous freehold is surrounded by quality retail tenants, lifestyle amenity and public transport facilities.