514 Riversdale RoadCamberwell VIC 3124
Property Details for 514 Riversdale Rd, Camberwell
Last Listing description (March 2022)
Jones Real Estate is pleased to present this outstanding retail investment opportunity, perfectly positioned in one of Melbourne's most renowned and recognised retail precincts The Camberwell Junction.
514 Riversdale Road, Camberwell is For Sale by private negotiation.
Enriched by amenity and matched by convenience, this vibrant retail destination is home to major brands including Woolworths, Coles, Aldi, JB-HI-FI, Dan Murphy's, Country Road and many more.
Situated just 10 kilometres south-east of Melbourne's CBD, Camberwell benefits from its access to major arterial roads including Citylink M1, Toorak Road, Camberwell Road, Riversdale Road, Canterbury Road and Barkers Road.
Key highlights of this securely tenanted blue chip investment include;
- Securely leased to "Hats Off Handmade Headwear" returning $40,000 per annum + GST & Outgoings
- Increasingly rare Camberwell Junction retail freehold investment with 4.0% fixed annual rental increases
- Characterised and free-standing building providing future development upside^
- Three (3) month bank guarantee and high-profile location, surrounded by international retailers including Woolworths, Coles, Aldi, JB-HI-FI, Dan Murphy's, Country Road and many more, underpinning this impeccable investment opportunity
- Favourable Commercial 1 Zoning (C1Z) allowing for a variety of uses^
- Strategically positioned within one of Melbourne's most prestigious and iconic shopping strips
^Subject to council approval
*Approx
For further information please contact the exclusive selling agents.
Property History for 514 Riversdale Rd, Camberwell, VIC 3124
- 03 Mar 2022Sold for $980,000
- 02 Feb 2022Listed for Sale Asking Price $1,040,000
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 11,956 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:
- The median value for Houses in Camberwell is $2,450,705 while the median value for Units is $892,034.
- Houses have a median rent of $1,100 while Units have a median rent of $650.
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