Stonebridge Property Group are pleased to present for sale 473 Burke Road, Camberwell. The key highlights of the opportunity include: - A flexible Burke Road freehold with strategic lease to longstanding tenant and untapped future potential (STCA) - Leased by longstanding (28+ years) tenant Hair Body & Soul, who boast a strong local following and glowing reviews (4.7 star Google rating) - Tenanted on a favourable 5-year term with no further options to renew, providing occupier and value add potential from 2026. - An underutilised 195 SQM * landholding, coupled with favourable zoning and precedent for additional height provides exciting value add possibilities to develop or extend (STCA) - The flexible freehold boasts surplus land and complementary rear lane access/parking – a major advantage for the current and future tenants - Providing annul income of $62,387* + GST + Outgoings - Positioned on a tightly held shopping precinct, near the corner or Burke & Toorak Roads, and a short walk to Epworth Hospital - Located in the affluent suburb of Camberwell, where 40.7 % of households earn more than $3,000 per week^ – a major benefit to local retailers - Just 7.8 km* from the Melbourne CBD, easily accessed via the Monash Freeway 473 Burke Road, Camberwell is offered for sale Public On-site Auction Friday 21st March 2025 at 10.30am (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group. Nic Hage 0448 782 594 Ian Lam 0416 621 859 Rorey James 0439 400 081 *Approximately ^profile.id.com.au Property Code: 1180
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