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1101 Toorak Rd 1,367 SF Retail Condo Unit Offered at $708,685 in Camberwell, VIC 3124
Investment Highlights
- High pedestrian traffic, and affluent local demographics
- Fully contemporary shops
- Excellent proximity to cafes, retail, and public transport
- Includes two secure undercover car parks
Executive Summary
The property is located at 1101 Toorak Road, Camberwell, VIC 3124. It is a retail premises situated on the ground floor of a mixed-use development. The site area is approximately 7,226 square meters. Secure undercover car parks are included with the property. The premises contains a commercial-grade restaurants and kitchens and is fitted for hospitality use. The location is on Toorak Road in Camberwell, with access to public transport and surrounding retail and dining amenities.
Property Facts
| Total Building Size | 77,780 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 1,367 SF |
| Property Subtype | Tenancy | Single | |
| Building Class | C | Lot Size | 0.43 AC |
| Total Building Size | 77,780 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 1,367 SF |
| Tenancy | Single |
| Lot Size | 0.43 AC |
1 Unit Available
Unit G03
| Unit Size | 1,367 SF | Cap Rate | 6.52% |
| Price | $708,685 | NOI | $46,196.58 |
| Price Per SF | $518.42 | No. Parking Spaces | 2 |
| Condo Use | Retail | APN/Parcel ID | CM1\PS642133 |
| Sale Type | Investment |
| Unit Size | 1,367 SF |
| Price | $708,685 |
| Price Per SF | $518.42 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.52% |
| NOI | $46,196.58 |
| No. Parking Spaces | 2 |
| APN/Parcel ID | CM1\PS642133 |
Description
The property is located at G03/1101 Toorak Road, Camberwell, VIC 3124. It is a ground-floor retail premises with a site area of approximately 127 square meters. Two secure undercover car parks are included with the property.
The premises is fitted with a commercial-grade kitchen and configured for hospitality use. The location is on Toorak Road in Camberwell, with access to public transport and surrounding retail and dining amenities.
Sale Notes
The property at G03/1101 Toorak Road, Camberwell, VIC 3124, is offered for sale with an asking price of $1,025,000 (GST not applicable). The site area is approximately 127 square meters.
The asset is currently leased under a 7-year agreement, generating a reported net rental income of approximately $66,816 per annum. The lease includes fixed annual rent increases of 4 percent. Two secure undercover car parks are included with the property.
The premises is fitted with a commercial-grade kitchen and configured for hospitality use. No additional details regarding building age, construction type, or utility connections are provided in the available information.
The property is located on Toorak Road in Camberwell, with access to public transport and nearby retail and dining amenities.
Interior photo of restaurant space at G03/1101 Toorak Road
Interior photo of restaurant space at G03/1101 Toorak Road
Interior photo of restaurant space at G03/1101 Toorak Road
Interior photo of kitchen space at G03/1101 Toorak Road
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1101 Toorak Rd
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