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Mixed Use Investment CamberwellProperty ID 1713737Ray White Commercial proudly presents this single freehold shop and residence in the heart of Camberwell Road and Toorak Road junction. The ground floor is currently occupied by M&Ren Accountants on a five (5) year lease plus options. The rear of the property along with the upper level is currently being utilized for residential with 5 individual bedrooms along with 2 bathrooms. The property benefits with rear lane way access into a double carport leading into the residence.
Building Property features:
• Building area | 135m2 approximately
• Land area | 157m2 approximately
• Rental | $44,640 p.a ($51,920 fully let)
• Zoning | Commercial 1
• Strategically located on Camberwell Road benefiting from 15,500 approximately cars passing daily
Positioned in one of Melbourne's most lucrative and sought after suburbs, Camberwell, with a median house price over $1,890,000.
Key Information Tenancy Status Currently Tenanted Annual Yield (Gross) N/A (Marketed Without Price) Annual Yield (Nett) N/A (Marketed Without Price) Title Scheme Not Applicable
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.
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