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Camberwell - VIC

Sold
$255,000 + GST
Annual Profit: $146,480

Property Details

Address:T3, 735 Riversdale Road, Camberwell, VIC 3124

Situated in the heart of Middle Camberwell, this property enjoys a strong mix of residential and retail appeal. With tram access along Riversdale Road and proximity to shopping and dining options, the area provides excellent convenience for members and staff alike.

The property is adjacent to Coles Middle Camberwell, which offers ample on-site parking. Additional street parking is available in the vicinity.
The area is walkable, with nearby amenities accessible on foot.

Square Meters:92 m2
Starting Reformers:8
Reformer Capacity:10

Financial Details

Investment Price:

$255,000 + GST

Annual Rent (inc. outgoings):

$56,300

Lease Term & Renewal:

5 Years & 1 x 5 Yrs

Rent Review:

3.5%

Projected Annual Profit:

Based on current monthly recurring revenue (MRR) less monthly rent & outgoings times 12 months.
$146,480