FREEHOLD INVESTMENT IN VIBRANT CAMBERWELL SHOPPING STRIP
Description
Frederick Property is pleased to offer for sale this exceptional freehold investment, superbly positioned within a popular and well-established Camberwell neighbourhood shopping strip.
Key Investment Highlights:
• Leased to established café operator “Santucci”, a popular local institution
• Current rental: $45,000* per annum plus outgoings and GST
• Lease term: 5 + 5 years (from March 2022)
• Fixed annual rental increases of 3%, with market review at option
• Building area: 150sqm*
• Land area: 219sqm* of Commercial 1 zoned land
• Well-presented single-storey retail premises with rear access
• Excellent location surrounded by quality retail, hospitality and service businesses
• Convenient access to major arterials, public transport and residential catchment
An outstanding opportunity for investors seeking a high-performing retail asset in the heart of the tightly held Camberwell precinct.
Key Investment Highlights:
• Leased to established café operator “Santucci”, a popular local institution
• Current rental: $45,000* per annum plus outgoings and GST
• Lease term: 5 + 5 years (from March 2022)
• Fixed annual rental increases of 3%, with market review at option
• Building area: 150sqm*
• Land area: 219sqm* of Commercial 1 zoned land
• Well-presented single-storey retail premises with rear access
• Excellent location surrounded by quality retail, hospitality and service businesses
• Convenient access to major arterials, public transport and residential catchment
An outstanding opportunity for investors seeking a high-performing retail asset in the heart of the tightly held Camberwell precinct.