38 Camberwell Road - 38C Inmueble de 140 m² en edificio multipropietario | Local en Hawthorn East, VIC 3123

This retail property is located on Camberwell Road in Hawthorn East, positioned close to Auburn Grove on a prominent corner. It is in proximity to the Camberwell Junction precinct and major inner east retail strips including Burke Road and Glenferrie Road. Public transport options, including tram, train, and bus services, are accessible within a short walking distance. The surrounding area comprises medium- and high-density residential development and educational facilities such as Swinburne University.

This leased retail investment offers a secure and established income stream within one of Melbourne’s most sought-after inner east precincts. Positioned on the south side of Camberwell Road at the corner of Auburn Grove, the property benefits from a high-profile location surrounded by vibrant residential growth, major amenities, and established commercial infrastructure. It is minutes from Camberwell Junction, Burke Road, and Glenferrie Road, providing excellent connectivity via multiple tram, train, and bus routes.

The current lease to a reputable restaurateur with a storied career in Melbourne’s dining industry underscores the tenancy’s stability. Featuring a lease term of seven years plus a seven-year option, the agreement delivers a net annual income of $85,788.65 plus GST, with fixed 3.7% annual rent increases that enhance long-term rental growth.

With proximity to Swinburne University, surrounding high-density residential projects, and strong retail catchments, this location continues to attract consistent foot traffic and sustained consumer demand. This rare, income-generating asset in a blue-chip precinct presents a compelling opportunity for investors seeking a mix of location security and quality tenancy.