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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. Located in the blue-chip suburb of Camberwell, where the median house price is circa $2.7M^, the property is underpinned by strong demand and proximity to leading public and private schools. It also enjoys close proximity to Glen Eira amenities, while benefiting from excellent public transport via trams along the Camberwell Road corridor, close access to Hartwell and Burwood train stations, and convenient walking distance to Fordham Gardens. For more information or to arrange a private inspection, please contact the exclusive selling agents below. Nicholas Conroy 0435 755 675
George Peng 0432 582 669
Cole Pengelly 0401 439 119 *denotes approx.
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