2/293 Camberwell RoadCamberwell VIC 3124
Property Details for 2/293 Camberwell Rd, Camberwell
Last Listing description (April 2021)
CBRE and Colliers International have the pleasure of presenting three premium grade inner suburban office investments for your consideration.
Offered separately or as a portfolio, the properties comprise securely leased office investments centrally located in Melbourne's tightly held office location of Hawthorn and Camberwell.
293 Camberwell Road, Camberwell is an imposing four level office building with a vast street frontage and prominence close to the Camberwell Junction. Anchored by three large blue chip tenants, the property presents a WALE of 4.3 years, and total income of $2,980,444 per annum net. [3.5-star NABERS rating]
290 Burwood Road, Hawthorn is an outstanding four level office building situated on a high exposure corner site with fully let income of $1,811,203 per annum net. [3.5-star NABERS rating]
2 Luton Lane, Hawthorn is a high quality three level office building securely leased to ASX listed Skilled Group on a ten year lease with total income of $2,528,597 per annum net. [4.5-star NABERS rating]
The total income for the portfolio is $7,320,244 per annum net as at 1 December 2014 with a combined WALE of 5.0 years.
Boasting outstanding tenants, the properties offer a truly unique opportunity to acquire secure income streams underpinned by excellent building fundamentals in Melbourne's most sought after suburban location. Compelling investment characteristics include:
- Covenants include Holcim, Bakers Delight, iiNet, Wright Express and Skilled Group,
- Significant underlying land value
- Quality buildings in Melbourne's pre-eminent suburban locations
- Strong rental growth provisions
- Long term commitment and occupancy history
- Substantial capital expenditure commitment to all buildings
The properties are for sale separately or as a portfolio via an International Expressions of Interest campaign closing Thursday 16th October at 4pm.
CBRE and Colliers International highly recommend these opportunities for your consideration.
Property History for 2/293 Camberwell Rd, Camberwell, VIC 3124
- 10 Sep 2014Listed for Sale Contact Agents to Discuss
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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 12,025 properties. Over the last 5 years, Houses in Camberwell have seen a -9.36% decrease in median value, while Units have seen a 1.25% increase. As at 31 August 2026:
- The median value for Houses in Camberwell is $2,366,561 while the median value for Units is $846,011.
- Houses have a median rent of $1,150 while Units have a median rent of $650.
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