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1101 Toorak Rd 1,367 SF Retail Condo Unit Offered at $717,757 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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 2 |
| Cap Rate | 6.52% | APN/Parcel ID | CM1\PS642133 |
| Sale Type | Investment |
| Cap Rate | 6.52% |
| 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.
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.
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.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit G03 | 1,367 SF | Retail | $717,757 ($525.06/SF) | $46,787.95 |
Unit G03
| Unit Size |
| 1,367 SF |
| Condo Use |
| Retail |
| Price |
| $717,757 ($525.06/SF) |
| NOI |
| $46,787.95 |
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Unit G03
| Unit Size | 1,367 SF |
| Condo Use | Retail |
| Price | $717,757 ($525.06/SF) |
| NOI | $46,787.95 |
| Sale Type | Investment |
| Cap Rate | 6.52% |
| 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.<br> <br> 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.</li></ul> | |
| 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.<br> <br> 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.<br> <br> 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.<br> <br> The property is located on Toorak Road in Camberwell, with access to public transport and nearby retail and dining amenities.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 77,780 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 1,367 SF |
| Property Subtype | Lot Size | 0.43 AC | |
| Building Class | C |
| Total Building Size | 77,780 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 1,367 SF |
| Lot Size | 0.43 AC |
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1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1101 Toorak Rd
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