1163 Toorak RoadCamberwell VIC 3124
Property Details for 1163 Toorak Rd, Camberwell
Last Listing description (June 2021)
Savills is delighted to offer the opportunity to acquire this affordable retail freehold located at 1163 Toorak Road, Camberwell. Suitable for investors and owner occupiers alike, this offering is ideally located nearby to Camberwell Road, boasts prominent exposure to Toorak Road and is minutes from Hartwell Train Station.
Key attributes of this outstanding property include:
- Perfectly positioned single level retail freehold
- Metres from Leo's Fine Food & Wine Supermarket as well as Camberwell Road
- A short walk to Burwood and Hartwell Train Station, with tram and bus routes servicing the immediate area
- Minutes away from the prime Camberwell Junction
- High density office and residential development area providing for significant future population growth
- Rear laneway access
- Ample local parking
- An outstanding opportunity to capitalise on the rapidly tightening city-fringe/suburban office market and deliver an exceptional commercial project.
This is a fantastic opportunity to acquire a prime retail freehold, leaving the purchaser with the option to occupy or invest in the rapidly growing retail/office market demand.
1163 Toorak Road, Camberwell is For Sale by Public Auction Friday 23 March at 12pm on-site.
For further information, please contact:
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
*Approx
Property History for 1163 Toorak Rd, Camberwell, VIC 3124
- 23 Mar 2018Sold for $858,035
- 22 Feb 2018Listed for Sale Auction - Friday 23 March at 12pm on-site
- 23 Feb 1999Sold for $128,000
Recent sales nearby
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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 11,958 properties. Over the last 5 years, Houses in Camberwell have seen a -1.02% decrease in median value, while Units have seen a 8.18% increase. As at 31 May 2026:
- The median value for Houses in Camberwell is $2,458,719 while the median value for Units is $910,619.
- Houses have a median rent of $1,100 while Units have a median rent of $650.
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