1401 Toorak Road

Camberwell VIC 3124

Situated on Iconic Toorak Road, with Tram Route 75 passing the door, the modern building provides a liquor license for the ground-floor supermarket where the modern fit-out incorporates a gourmet deli counter & associated machinery plus refrigerators and storerooms along with great wheelchair accessibility at street level as well as access/loading zone to the rear.

Bathroom facilities downstairs and between the two upstairs office spaces are also offered along with a kitchenette, air-conditioning throughout, CCTV security and four parking spaces on-title. Returning approximately $105,000 p/a plus outgoings, on a 5x5x5 year lease, giving the opportunity to secure the return well into the future. In addition, there is the option to further develop the premises by retaining the ground floor supermarket and designing sophisticated apartments above (STCA).

The Burwood Village - known as Burwood Village Toorak Road Camberwell - brings in foot traffic thanks to the drawcards of the Commonwealth Bank and Chemist Warehouse to name a few along with more than 100 businesses including healthcare, individual retailers, cafes and food stores. Out through the nearby mall, is plenty of free parking spaces which is a major drawcard for residents who enjoy the convenience of shopping local.

Renovated double storey retail/office building in bustling Toorak Road
Rental return of $105,000 p/a plus GST & Outgoings
Lease extension options of 5x5x5 years
Retail and office space of 386sqm approx.
Land size of 606m2 approx.
State of art IGA supermarket fit-out
Four car parking spaces and loading zone to the rear
Bathroom & kitchenette facilities
Refrigerated air-conditioning throughout
CCTV security
Wheelchair access located on the ground floor
Opportunity for future development subject to council approval
Ideal land banking opportunity

Price upon Application.

Inspections by Appointment only.

For further information, please contact Colin Rounds on 0419 015 879