1225-1229 Toorak Road, Camberwell

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
6
Land size
54 m2
Building size
-
Council area
Boroondara
Year built
n/a
Lot plan
1/TP144437 Camberwell VIC
House type
Business: Transport & Storage



HISTORY

Last sold 06/09/2017
$3,040,000



LISTING DESCRIPTION
as of September 2017

Prime Camberwell site with substantial holding income Prominently positioned on a 748sqm parcel of land, this flexible investment property attracts enticing returns with exciting future development potential. STCADiscover 214sqm of office/customer/meeting space and an additional 220sqm of workshop and warehousing complemented by generous rear laneway access.Offering security for today and endless promise for tomorrow, enjoy an established tenant with a long-term lease and off-street parking for at least 8 cars.* Auction Wednesday Sept 6th 12 noon* Commercial 1 Zoning* Land area 748sqm approx.* Wide frontage to Toorak Rd of over 17 metres* Generous ROW at rear* Substantial building of approx. 434sqm* Securely leased to Stillwell Motor Group (SMG)* Rental $92,250 pa + GST. Term 3 years +5 +5 +5 with 3% annual increasesSet over two levels on the northern side of Toorak Road, enjoy easy access to all forms of public transport, shopping and all major arterials including CityLink.For more information, please contact Jeffrey Wilson or Shawn White today.