691-693 Burke Road, CAMBERWELL VIC 3124 SALE

Gorman Commercial and Stonebridge Property Group have the privilege to present a generational opportunity to secure a premium, permit-approved development site in the core of Camberwell Junction, one of Melbourne’s most tightly held and consistently high-performing mixed-use locations.

Substantially de-risked, the property is offered with planning approval for a landmark mixed-use development featuring a design-led scheme by acclaimed international architects Warren & Mahoney. The approved development delivers an efficient yield of 9,794 NSA/NLA, comprising a balanced mixed-use outcome.

Located just 50 metres from the Camberwell Junction retail and transport precinct, the property’s elevated position enjoys outstanding, never-to-be-built-out views toward the Melbourne CBD skyline and across to the Dandenong Ranges, a highly prized and increasingly scarce attribute within established inner-east locations.

Key highlights include:

• Permit approved for a landmark 14 level mixed-use development by acclaimed architects Warren & Mahoney
• Never to be repeated protected views to the Melbourne CBD and Dandenong Ranges
• Prime Camberwell core position, one of Melbourne’s most walkable lifestyle precincts, with a walk score of 94, highlighting the depth of amenity immediately accessible to future residents, workers and visitors
• Substantial development yield of 9,794 NSA/NLA with deeply considered design flexibility to optimise product mix, sizing and positioning (STCA)
• Rear access via Denmark Hill Road enabling activated Burke Road retail frontage
• Underpinned by significant existing office assets with strong existing holding income
• Camberwell consistently outperforms, with a median house price of $2,590,000

The Camberwell Junction precinct is entering a once-in-a-generation renewal phase. This offering provides developers exposure to one of Melbourne’s most proven apartment and mixed-use markets, underpinned by strong local demographics, established amenity and historically resilient buyer demand across market cycles.

691 & 693 Burke Road, Camberwell is for sale vis Expressions of Interest closing Wednesday the 18^th of March at 2:00PM (AEDT). To obtain further information, access to due diligence material or to arrange an inspection, please contact the exclusive selling agents.