Your email has been sent.
38 Camberwell Road - 38C 1,506 SF Retail Condo Unit in Hawthorn East, VIC 3123
Investment Highlights
- Long-established restaurateur tenant with a renowned reputation in Melbourne dining.
- Fixed 3.7% annual rent increases provide predictable income growth.
- Secure seven-year lease with an additional seven-year option term in place.
- Surrounded by new residential developments and close to Swinburne University.
Executive Summary
38 Camberwell is a residential development marketed by Buxton Projects, positioned within the established Camberwell precinct. The project is presented as a contemporary apartment offering, targeting owner-occupiers and investors seeking proximity to local retail, dining, transport, and lifestyle amenities. The property is located within the Camberwell activity area, which is serviced by Camberwell railway station on the metropolitan rail network, providing connections to multiple train lines and direct access toward the Melbourne CBD and eastern suburbs.
1 Unit Available
Unit 9
| Unit Size | 1,506 SF | NOI | $61,806.43 |
| Condo Use | Retail | No. Parking Spaces | 2 |
| Sale Type | Investment | Sale Conditions | Auction Sale |
| Unit Size | 1,506 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| NOI | $61,806.43 |
| No. Parking Spaces | 2 |
| Sale Conditions | Auction Sale |
Description
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.
Sale Notes
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.
Interior
Interior
Interior
Floor Plan
Interior
Property Facts
| Total Building Size | 53,820 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 13,455 SF |
| Property Subtype | Apartment | Year Built | 2013 |
| Building Class | C |
| Total Building Size | 53,820 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 13,455 SF |
| Year Built | 2013 |
Amenities
Site Amenities
- On-Site Retail
Presented by
38 Camberwell Road - 38C
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.