Three storey mixed use Camberwell freehold sold

Three storey mixed use Camberwell freehold sold
Three storey mixed use Camberwell freehold sold

A three storey freehold in Camberwell, Victoria has been sold for $1.72 million.

It sold at a 4.3% yield. 

The property at 947 Urban Land Development was sold by Fitzroys agents Chris James, Jordan Ceppi and Chris Kombi. 

The ground floor of the 250 sqm building is leased to Classique Nail Spa, on a new 5+5-year lease.

Three storey mixed use Camberwell freehold sold

The upper level levels boast a three-level apartment with three bedrooms, two bathrooms and top floor open living area. 

Zoned commercial 1, the property features rear laneway access from Burwood Road.

Three storey mixed use Camberwell freehold sold

It is surrounded by retailers, eateries and corporate tenants with a number of completed high-density apartment developments nearby.

Tags: 
Retail Camberwell

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