Gorman Commercial FOR SALE

469-471 Riversdale Road, Hawthorn

auction

CAMBERWELL JUNCTION FREEHOLD WITH MAJOR UPSIDE

High profile retail/office building with two tenancies provides ideal investment or owner occupier opportunity with future development potential.

This unique block features three frontages to street and laneways providing excellent exposure and flexibility less than 100 metres from Camberwell Junction.

Land Area: 513.6 sqm approx.
Building Area: 409 sqm approx.

469 Riversdale Road
*Tenant: Pack & Send
*Rent: $49,858 per annum
*Lease: 3 years, Nil option (Comm. April 2014)

471 Riversdale Road
*Tenant: Brooke Bird
*Rent: $56,669 per annum
*Lease: 3+3+3 Year Lease (Comm. Aug 2014)

Ideally located within the heart of the tightly held Camberwell Junction precinct, the property is within immediate proximity to all amenities including rail and tram access, major supermarkets, Rivoli Cinema and the highly regarded Burke Road retail strip.

Listing Highlights

  • Two Tenancies
  • Great Investment in Prime Location
  • Future Development Potential

Property Details

Asset Type
Retail
Building Area
409 m2*
Car Parking
4 spaces
Price
Contact Agent

Stephen Gorman

0418 321 828

sgorman@gormancommercial.com.au