Sold
7-Year Net Lease to Globally Recognised Fashion Brand
399 Camberwell Road, Camberwell VIC
Stonebridge Property Group is pleased to present for sale 399 Camberwell Road, Camberwell.
- Landlord favoured 7-year net lease to globally renowned fashion retailer – Scanlan Theodore
- The flagship ‘archive concept’ store for the internationally recognised fashion house that boasts 23 stores globally
- Fully refurbished and ultra-high quality 255 sqm* building with floor to ceiling windows and multiple points of entry/exit (ideal for the current tenant)
- Versatile and favourably zoned 300 sqm* landholding with surplus rear land, currently utilised as car parking, and complementary rear access (potential future development - STCA)
- Providing annual income of $121,000* with 3.5% fixed increases through the lease to Scanlan Theodore
- Located in the highly affluent suburb of Camberwell, where median household income is 40% above the Victorian average – a major benefit to local retailers as residents have a higher level of disposable income
- Located a short walk to Camberwell Junction – home to national retailers Coles, Woolworths, Country Road and more
*Approximate
To obtain further information or arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.