Prized Burke Hill Retail Investment Opportunity
FOR PRIVATE SALE
Savills are delighted to present for sale this prized Burke Hill retail investment opportunity located at 762 Burke Road, Camberwell.
The property benefits from a 10-year lease to top hospitality tenant “Okami” with this strong trading location being one of the few centrally owned by the Okami head office.
Key highlights include:
• Classic double storey 210sqm* retail freehold
• Prime 198sqm* landholding with rear access
• Returning $110,000 p.a* + GST & outgoings with annual CPI increases
• Occupied by the highly established Okami Japanese Restaurant (53 stores Australia-wide), this top-performing store is one of the few centrally owned by the Okami head office.
• 10-year lease with an option to extend for a further 5 years
• Ideal Commercial 1 zone
• Iconic Burke Road retail location surrounded by a myriad of national tenants, boutique retailers & hospitality venues
• Ample surrounding parking and public transport including Camberwell Station within 150m*
*Approximate
To obtain further information, or to arrange an inspection, please contact the exclusive selling agents.
Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655
Beau Bakhtani - 0412 159 038
Tanya Su - 0430 302 950
Level | Tenancy | Sale Type | Price | AreaSqm | Status |
---|---|---|---|---|---|
n a | Private Treaty | 210.00sq m | Available |