155 Camberwell RoadHawthorn East VIC 3123
Property Details for 155 Camberwell Rd, Hawthorn East
Last Listing description (March 2024)
Welcome to 157 Camberwell Road, Hawthorn East - a prestigious commercial property with a rich history and a favorable 7-year lease (Date the lease commences: 01/07/2021, Rental: $94,865.16 pa Excl GST). This immaculate freehold property has been home to the renowned Tivoli Hi-Fi for over 40 years, making it a truly iconic establishment in Melbourne since 1973.
Tivoli Hi-Fi is a leading sound engineering and audio equipment retail store, housing the world's most prestigious and highest quality brands such as Bang & Olufsen, Bowers & Wilkins, Loewe, Sony, and many more. With a loyal customer base and a reputation for excellence, Tivoli Hi-Fi's occupancy ensures stable and attractive returns for the discerning investor.
The building itself is a gem, offering a substantial 236 sqm of high-quality space. Over the years, the versatile layout has been thoughtfully tailored to accommodate various aspects of the tenant's offerings, including five demonstration rooms that provide customers with the ultimate home cinema experience.
Positioned on a generous 192 sqm Commercial 1 Zoned landholding, the property features off-street car parking and rear access, adding to its convenience and accessibility. Additionally, the property benefits from its strategic location, just a short walk from Camberwell Junction, and in close proximity to major attractions such as Dan Murphy's, Coles, and Camberwell Place.
Notably, the property adjoins the newly constructed $120 million Camberwell Village complex, comprising 140 luxurious apartments and 9,000 sqm of high-end office space. This further enhances the property's appeal and potential for future growth.
Investing in 157 Camberwell Road offers you a unique opportunity to secure a premium property with a trusted long-term tenant and exceptional growth potential. Don't miss out on this chance to own a piece of Melbourne's history and secure a lucrative investment for years to come.
Property History for 155 Camberwell Rd, Hawthorn East, VIC 3123
- 04 Aug 2023Listed for Sale $2,500,000 - $2,750,000
- 18 Feb 2022Listed for Sale Contact Agent
- 27 Jan 2011Transferred
Recent sales nearby
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About Hawthorn East 3123
The size of Hawthorn East is approximately 3.5 square kilometres. There are 9 parks, covering nearly 7.3% of the total area. The population of Hawthorn East in 2016 was 14321 people. By 2021 the population was 14834 showing a population growth of 3.6% in the area during that time. The predominant age group in Hawthorn East is 20-29 years. Households in Hawthorn East are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hawthorn East work in a professional occupation.In 2021, 57.80% of the homes in Hawthorn East were owner-occupied compared with 53.10% in 2016.
Hawthorn East has 10,012 properties. Over the last 5 years, Houses in Hawthorn East have seen a -15.15% decrease in median value, while Units have seen a -5.07% decrease. As at 31 August 2026:
- The median value for Houses in Hawthorn East is $2,194,482 while the median value for Units is $657,980.
- Houses have a median rent of $1,100 while Units have a median rent of $590.
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