Property Details for 1429 Toorak Rd, Camberwell
Last Listing description (May 2023)
PRIME DUAL ACCESS FREEHOLD - INVEST OR OCCUPY
Teska Carson is pleased to present 1429 Toorak Road, Camberwell for sale via public Auction on 31 May 2023 at 12pm on-site.
1429 Toorak Road presents a flexible and highly exposed opportunity providing multiple options for occupiers and investors. The freehold is ideally situated metres from the corner of Toorak Road & Warrigal Road in the heart of Toorak Roads shopping precinct.
Key considerations for this opportunity are as follows:
- Dual access via Toorak Road and rear car park
- First Floor Income: $50,000 per annum net +GST
- Ground Floor vacant
- Potential Income: $110,000 per annum net + GST
- Three (3) cars parks
- Commercial 1 Zone (CZ1)
- Build Area: 359m2
- Land Area: 275m2
Please call for further information or to arrange an inspection.
Property History for 1429 Toorak Rd, Camberwell, VIC 3124
- 31 May 2023Sold - Price Undisclosed
- 26 Apr 2023Listed for Sale Contact Agent
- 15 Feb 2012Listed for Rent - Price not available
Recent sales nearby
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0About 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 -6.63% decrease in median value, while Units have seen a 6.75% increase. As at 31 July 2026:
- The median value for Houses in Camberwell is $2,386,011 while the median value for Units is $883,187.
- Houses have a median rent of $1,100 while Units have a median rent of $650.
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