COMMERCIAL REAL ESTATE NEWS, TRENDS AND INSIGHTS
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26YEARS
$
OF PROPERTY INSIGHTS
10,000
+
LOCAL INVESTORS REACHED

Immaculately Presented Retail Sells with 3.3% Return

By | 29/03/2021

1372 Toorak Road, Camberwell Sold
1372 Toorak Road, Camberwell Sold

1372 Toorak Road comprises a retail premises of 160m2* located on 210m2* of commercial Zoned 1 land.

The property was leased to ‘Simply Goodness’ which produces certified organic baby and toddler meals, at $40,430 net per annum.

The marketing produced in excess of 60 enquiries from both investors and owner occupiers, which is a testament to the continuing strength of the market.

There is a huge appetite for good property in well located areas, with price points of around $1mil.

As a result of the campaign, we have several unsatisfied requirements to buy either a fully leased investment, or vacant possession with the view of owner occupying.

Click here or the image below to find out the sold price and building rate of 1372 Toorak Road, Camberwell

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Feel free to contact us for further details about this sale, or if you would like assistance with selling your commercial property.

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Nick Breheny

Written by Nick Breheny 

"Nick commenced his career in the Eastern Suburbs and brings over 30 years’ experience in commercial property sales and leasing with an emphasis on development sites and investment property."

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