250 Camberwell Road, Camberwell, VIC, 3124

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 $2,223,096 p.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

250 Camberwell Road, Camberwell is For Sale by Expressions of Interest closing Friday 8 November 2024 at 2pm (AEDT)

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 Fans 范安乐 | 0401 882 621

A Commanding Camberwell Junction Building

$3.9m* of Recent Building Upgrades

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

Remember to mention you found this property on CommercialReady