Prized Burke Hill Retail Investment Opportunity
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
762 Burke Road, Camberwell is offered For Sale by Expressions of Interest closing Wednesday, 19 June at 2:00 pm (AEST).
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 | Expression of Interest | 210.00sq m | Available |