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Riot Art & Craft, 755 Burke Road Camberwell

A freestanding Camberwell Junction retail investment with 8 year lease to national tenant
  • Land Area:
    299 m2
  • Floor Area:
    358 m2
  • Whole or Part of Building:
    Whole Building
  • Tenancy:
    Tenanted Investment
  • Income:
    $208,734.00 + GST
  • Lease:
    8

OVERVIEW

  • Brand new 8 year net lease to national retailer Riot Art & Craft, a 40+ year retailer with more than 60 stores Australia wide
  • High quality level 1 office leased to Flo Dancewear, established 2008
  • 358sqm* double storey building with rear access (seperate for each tenancy) plus ample onsite parking
  • Providing a net annual income of $208,734* (after land tax) + GST

LOCATION

  • Arguably the best position in Burke Road, immediately fronting a pedestrian traffic light and tram stop
  • Surrounded by premier national retailers including T2 Tea, Witchery, Minimax, Boost Juice, Lululemon & Kookai as well as the highly popular Camberwell Markets and major supermarkets Woolworths, Coles and Aldi
  • Well serviced by public transport including tram stop #62 (15m*), Camberwell Train Station (375m*) and an abundance of free car parking to the east and west of Burke Road

To be sold via auction as part of the CBRE Premium Property Portfolio Auction 8, to be held on Thursday March 28th 2018 from 6.00pm (AEDT) at Zagame Ferrari, Level 1, 430 Swan Street Richmond

 

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