• State of the art two level building with three levels of car parking, purpose built to the highest standard by Coles Group in 2018
• Irreplaceable and carefully amalgamated 4,425 sqm* Commercial 1 zoned land holding in the heart of Camberwell
• Anchored by a brand new 10-year NET lease to Coles, providing excellent protection against inflationary pressures
• The Coles lease ensures that this asset is an extremely simple management proposition for an incoming investor, with most day-to-day operations taken care of by the Lessee
• Camberwell is an extremely affluent suburb with 43.6% of households earning more than $3,000 per week^ and house prices 2.5x the metropolitan Melbourne median^^
• Ultra-convenient three level ground and basement car parking for 209 vehicles (1 per 19.8 sqm GLAR*) with vehicle detection system
• 3,957 sqm* full-line Coles Supermarket and Liquorland supported by two specialty retail premises
• Premium quality, modern building with significant depreciation potential
• Estimated net operating income of $1,637,000 per annum*

To obtain further information, please contact the exclusive selling agents Stonebridge Property Group.

*Approximate
^ ABS Census 2021
^^ REIV