Auction details
- Auction4December
Auction location: On Site
Contact the agent if you'd like further information.
Enquire with AgentRetail for Sale in Camberwell
Modern Ground-Floor Showroom in 'Mayada' | Net Lease Returning $58,000 p. a.
- Building: 120m²
Next Steps:
Additional Information:
SET-AND-FORGET BLUE-CHIP INVESTMENT WITH NEW COMMERCIAL LEASE
Auction: Friday, 4th December 2026 at 1:00 PM (On-Site)
GST Status: Sold as a Going Concern (GST-Free)
Positioned on the high-exposure ground floor of the contemporary "Mayada" mixed-use development, 620 Camberwell Road presents an exceptional, passive commercial investment in one of Melbourne's most affluent inner-eastern corridors.
Occupied by a secure tenancy on a fresh commercial lease, this versatile 106 sqm* showroom is fully leased to Angel Kenny Investment Pty Ltd, delivering an immediate and dependable net passing income of $58,000 per annum plus GST, with 100% of standard operational outgoings recoverable under the lease.
Backed by personal director guarantees, a 3-month security deposit, and structured options through to 2032, this asset represents the quintessential entry-level commercial holding for private investors and Self-Managed Super Funds (SMSFs).
Key Investment Highlights:
- Secure Passing Income: $58,000 per annum plus GST.
- Brand-New Lease: Initial 2-year term commenced 26 August 2026, with two (2) further 2-year options extending potential tenure to August 2032.
- True Net Lease Structure: Tenant reimburses 100% of standard operational outgoings (Council rates, water services, and Owners Corporation administrative levies).
- Building Area: Circa 120 sqm* of flexible, clear-span showroom space featuring floor-to-ceiling glass frontage and excellent natural light.
- Allocated On-Title Parking: One (1) dedicated secure basement car space, supplemented by on-site customer/visitor parking bays and convenient street parking.
- Robust Lease Security: Personal director guarantee and indemnity plus a 3-month security deposit held.
- Tax Efficient Acquisition: Sold subject to an existing commercial lease, qualifying as a GST-free supply of a Going Concern.
Location & Precinct Attributes:
- Prominently located within the Hartwell retail and commercial shopping village.
- Unmatched public transport connectivity: Route 75 tram stop at the front doorstep and Hartwell Train Station (Alamein line) just 450 metres away.
- Surrounded by established local and national operators, cafes, medical consultancies, and Leo's Fine Food & Wine Supermarket.
- Premium City of Boroondara demographic providing sustained local spending and strong underlying commercial land values.
To request a copy of the Information Memorandum, Contract of Sale, or to arrange a private inspection, please contact the exclusive marketing agents.
*Approximate
120m²
C1Z
Tenanted
Retail, Offices, Showrooms/Bulky Goods
Next Steps:
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