250 Camberwell Road, Camberwell_Property for Sale
250 Camberwell Road, Camberwell_Property for Sale
250 Camberwell Road, Camberwell, VIC, 3124, AU

250 Camberwell Road, Camberwell

Asset Description

JLL Office Investments and Lemon Baxter have the privilege of offering 250 Camberwell Road, Camberwell for sale – a commanding modern building positioned in one of Melbourne’s most recognised precincts – The Camberwell Junction.


Key details of the opportunity include:


The Building

+ A fully refurbished 5-level office building comprising 5,022sqm* NLA with 125* at-grade and basement carparks (1:25 ratio)

+ Recent $3.9m* upgrades to building services, lifts, main lobby, end-of-trip facilities, bathroom amenities and more

+ Long-term ground lease from the Melbourne Anglican Trust Organisation providing investment security and potential upside 

+ 4 Star NABERS Energy Rating


Investment Credentials

+ Occupied by four highly reputable tenants on new long term lease deals

+ Anchored by Alexander Spencer (10 years), Cadence Accounting (8 years) and Leaptel (5 years)

+ A highly successful repositioning with over 2,700sqm leased within the past 8 months 

+ Weighted Average Lease Expiry (WALE) of 3.63 years* by income 

+ Estimated fully leased market net rental of $2,225,438p.a.


Blue Chip Camberwell Junction Locale

+ Unrepeatable location within Camberwell’s renowned Junction, with 50,000* vehicles passing daily**

+ Convenient access to nearby tram networks on Riversdale, Camberwell and Burke Roads as well as nearby Camberwell Train Station (570m*)

+ Camberwell is one of Melbourne’s most established and affluent suburbs, boasting a median house price of $2,700,500^


*Approximately.

**VicRoads.

^Realestate.com.au


To obtain further information or to arrange an inspection, please contact the selling agents.


JLL Office Investments


Josh Rutman | 0411 27 37 46

Tim Carr | 0415 767 915

MingXuan Li 李名轩 | 0498 688 998


Lemon Baxter


Paul O’Sullivan | 0412 410 366

Hans Fan 范安乐 | 0401 882 621

...

Attributes

Building area net
5,022 m²
NABERS
4 Star
Land area gross
5,022 m²

Media

Investment Highlights

A Commanding Camberwell Junction Building

$3.9m* of Recent Building Upgrades

Lease Deals Ranging from 5-10 Years (All New)

250 Camberwell Road, Camberwell 4_Property for Sale
250 Camberwell Road, Camberwell 4_Property for Sale

Contact brokers

250 Camberwell Road, Camberwell (0 Properties)

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Last updated
8 Nov 2024