1117 Toorak RoadCamberwell VIC 3124
Property Details for 1117 Toorak Rd, Camberwell
Last Listing description (May 2022)
****** SOLD *******
Gross Waddell ICR is pleased to offer this high-profile retail freehold which offers the ability to occupy, invest or redevelop (STCA). Residing on a substantial landholding, the property benefits from rear lane access and off-street parking.
Positioned in a high-profile location within the thriving Hartwell retail precinct and near the intersection of Toorak and Camberwell Road's
Immaculately presented premise offering 120 sqm* of building area plus additional area located at the rear
Underutilized landholding of 237 sqm including rear lane access
Currently leased offering short-term holding income and ability to occupy post lease expiry
Favourably Commercial 1 Zone (C1Z) with scope to add further value to the existing building or redevelop (STCA)
Prime location with an abundance of passing traffic, easy access to Hartwell and Burwood train station's and tram stops directly out the front
Camberwell is in the heart of Melbourne's wealthy eastern belt and boasts a median house price of $2,560,000 (source REIV)
The property is to be sold via on-site Public Auction at 12:00 pm on Friday the 29th of April 2022. For further information or to organise an inspection, please contact Gross Waddell ICR directly.
Property History for 1117 Toorak Rd, Camberwell, VIC 3124
- 29 Apr 2022Sold for $840,000
- 28 Mar 2022Listed for Sale Contact Agent
- 07 Aug 2015Transferred
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About Camberwell 3124
The size of Camberwell is approximately 7.7 square kilometres. There are 24 parks, covering nearly 5.8% of the total area. The population of Camberwell in 2016 was 22081 people. By 2021 the population was 21965 showing a population decline of 0.5% in the area during that time. The predominant age group in Camberwell is 50-59 years. Households in Camberwell are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Camberwell work in a professional occupation.In 2021, 71.70% of the homes in Camberwell were owner-occupied compared with 70.90% in 2016.
Camberwell has 12,031 properties. Over the last 5 years, Houses in Camberwell have seen a -2.65% decrease in median value, while Units have seen a 6.89% increase. As at 30 June 2026:
- The median value for Houses in Camberwell is $2,450,705 while the median value for Units is $892,034.
- Houses have a median rent of $1,100 while Units have a median rent of $650.
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