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526-528 Riversdale Rd 2,616 SF Retail Building Camberwell, VIC 3124 $2,377,485 ($908.95/SF) 3.33% Cap Rate



Investment Highlights
- Dual-level layout combining retail showroom and upper-level office spaces with modern amenities.
- Flexible configuration to accommodate retail, showroom, or professional service uses.
- Surrounded by vibrant cafés, dining options, and established retail operators driving strong foot traffic.
- Prominent exposure along the active Riversdale Road commercial strip.
- Walking distance to tram services, Camberwell Railway Station, and local bus routes.
- Includes heating and cooling, kitchenettes, restroom facilities, data points, and a private pergola for breakout space.
Executive Summary
This two-level commercial property offers exceptional versatility and a commanding presence in the heart of Camberwell’s renowned retail and lifestyle precinct. Comprised of a ground-floor retail showroom and an upper-level office suite, the building delivers a functional solution for investors and owner-occupiers alike. The ground floor provides an open-plan layout complemented by polished timber flooring, heating and cooling systems, a kitchenette, as well as rear access suitable for deliveries. The upper-level space includes partitioned offices, dedicated communications facilities, and access to a private pergola for client engagement or staff amenities.
Prominent street frontage along Riversdale Road ensures high visibility, supported by nearby tram and bus stops, and proximity to Camberwell Junction. Cafés, dining venues, and services create a vibrant atmosphere that drives consistent foot traffic. This property’s advantageous location combined with adaptable layouts supports multiple uses from retail to office purposes. Positioned among established businesses, it represents an attractive opportunity in Melbourne’s sought-after eastern suburbs hub.
Prominent street frontage along Riversdale Road ensures high visibility, supported by nearby tram and bus stops, and proximity to Camberwell Junction. Cafés, dining venues, and services create a vibrant atmosphere that drives consistent foot traffic. This property’s advantageous location combined with adaptable layouts supports multiple uses from retail to office purposes. Positioned among established businesses, it represents an attractive opportunity in Melbourne’s sought-after eastern suburbs hub.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,616 SF
Building Class
B
Price
$2,377,485
Price Per SF
$908.95
Cap Rate
3.33%
NOI
$79,250
Tenancy
Single
Building Height
2 Stories
Building FAR
1.66
Lot Size
0.04 AC
Frontage
22’ on State Route 20
Amenities
- Signage
- Balcony
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526-528 Riversdale Rd
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