JLL Office Investments and Lemon Baxter have the privilege of offering 250 Camberwell Road, Camberwell for sale – a commanding modern JLL Office Investments and Lemon Baxter have the privilege of offering 250 Camberwell Road, Camberwell for sale – a commanding modern building positioned in one of Melbourne’s most recognised precincts – The Camberwell Junction. Key details of the opportunity include: The Building + A fully refurbished 5-level office building comprising 5,022sqm* NLA with 125* at-grade and basement carparks (1:25 ratio) + Recent $3.9m* upgrades to building services, lifts, main lobby, end-of-trip facilities, bathroom amenities and more + Long-term ground lease from the Melbourne Anglican Trust Organisation providing investment security and potential upside + 4 Star NABERS Energy Rating Investment Credentials + Occupied by four highly reputable tenants on new long term lease deals + Anchored by Alexander Spencer (10 years), Cadence Accounting (8 years) and Leaptel (5 years) + A highly successful repositioning with over 2,700sqm leased within the past 8 months + Weighted Average Lease Expiry (WALE) of 3.63 years* by income + Estimated fully leased market net rental of $2,225,438p.a. Blue Chip Camberwell Junction Locale + Unrepeatable location within Camberwell’s renowned Junction, with 50,000* vehicles passing daily** + Convenient access to nearby tram networks on Riversdale, Camberwell and Burke Roads as well as nearby Camberwell Train Station (570m*) + Camberwell is one of Melbourne’s most established and affluent suburbs, boasting a median house price of $2,700,500^ *Approximately. **VicRoads. ^Realestate.com.au To obtain further information or to arrange an inspection, please contact the selling agents. JLL Office Investments Josh Rutman | 0411 27 37 46 Tim Carr | 0415 767 915 MingXuan Li 李名轩 | 0498 688 998 Lemon Baxter Paul O’Sullivan | 0412 410 366 Hans Fan 范安乐 | 0401 882 621
Lemon Baxter
level 1, 68 Clarke Street, South-Melbourne, Vic
JLL - Melbourne
Level 33, 101 Collins Street, Melbourne, Vic
Property ID: 504701136