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Richardson French is excited to offer for Private Sale 615 Camberwell Road, Camberwell. Currently leased to established dog grooming business 'Paws & Pose', the property presents a compelling opportunity for investors and future owner-occupiers.
Key Features:
• Strategic Landholding of 222sqm* featuring a deep backyard and rear access 6.85m* wide
• Currently returning $42,000 p.a.* + outgoings until 2029 with 4% annual rent increases
• One (1) further option of Five (5) years
• Providing immediate income security while maintaining long-term optionality to occupy, reposition or redevelop (STCA)
• Substantial 125sqm* shop & dwelling, comprising a well-maintained three-bedroom residence with spacious, light-filled living areas
• Commercial 1 Zone
• Future development potential with scope for a multi-level development of up to 11 metres (STCA)
• Prime position surrounded by a strong mix of established local and national occupiers, including Camberwell Toyota, La Perla Bar & Restaurant, Camberwell Betta, and Coles Local Glen Iris, among others.
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