Standing on a deep allotment this property offers an outstanding opportunity to acquire a prime retail investment located in a thriving Hartwell retail strip centre comprising a generous shopfront and rear split-level residence offering the purchaser a range of usage options. Currently a light and bright gallery of approximately 40sqm, including a kitchenette which could also be used as a small business office, studio or consulting rooms; with the added options of living in the residence or leasing it to provide additional income - with this flexibility it is undoubtedly a blue-chip investment. The residential accommodation features three bedrooms, two stylishly renovated bathrooms, generous living room with decorative ceilings and a sleek updated kitchen/meals equipped with CaesarStone island bench, Fisher & Paykel stove, Asko dishwasher and 2-pac cupboards plus a deck and barbeque area - a sunny spot for outdoor relaxation. Other features include polished timber floors, ducted heating and cooling, plus a remote garage for 3 to 4 cars with mezzanine storage with rear lane access which also has potential for warehousing or a packing room.
This hidden gem enjoys an ultra-convenient location close to this up and coming shopping precinct, highlighted by the ever popular Leo's Fine Food Supermarket. From a residential perspective Camberwell Junction or Ashburton shops are moments away plus public transport options including Burwood Station, Toorak Road trams and easy CityLink access. Also close to Back Creek Reserve, Hill 'n Dale and Ferndale Parks or the Gardiners Creek trails
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 12,016 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:
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