TWO COMPACT INVESTMENTS WITH MORE CAMBERWELL THAN MOST PROPERTIES TWICE THE SIZE. BUY ONE OR BUY BOTH
For Sale – Leased Investment - 1B & 1C/1 Cookson Street, Camberwell
Investment opportunity, Offices, Retail
Overview
| Property ID: | 21763 |
|---|---|
| Price: | Asking $300,000 plus for each office |
| Rent: | $20,484 - $21,600 (ex. GST) |
| Building: | 60m² |
|---|---|
| Zoning: | Commercial 1 Zone (C1Z) |
Components
| Name | Building | Land | Rent (p.a.) | Price |
|---|---|---|---|---|
| Unit 1B | 60m² |
N/A | $21,600 | Asking $300,000 plus for each office |
| Unit 1C | 60m² |
N/A | $20,484 | Asking $300,000 plus for each office |
Hint: Slide table sideways to view all information.
Description
POINT OF INTEREST:
Across from the station, on the Burke corner, and already producing income — entry-level commercial investing has never been such a walk in the park. Suite 1B spans approximately 60 sqm* and is leased to TB Wellbeing at $21,600 p.a. plus GST until 1 April 2029, with a further three-year term, while Suite 1C offers approximately 60 sqm* and returns $20,484 p.a. plus GST from BodyMint (trading as Inko Melbourne) until 1 July 2027. Both spaces are fitted for professional, consulting, wellness or boutique office use, with reception or waiting areas, two treatment or office rooms, kitchenettes and shower facilities reducing the amount of future capital expenditure needed to make them work. Zoned Commercial 1, the suites pack a serious investment punch without damaging the bank, particularly because of the location — Camberwell railway station across the road, Burke Road’s retail and hospitality around the corner, and a constant flow of foot traffic and professional activity in between.
Suite 1B:
- Leased to TB Wellbeing, returning $21,600 per annum plus GST until 1st April 2029
- One (1) further term of three (3) years unitl 2032
- 3% annual increases
- 60 sqm* total building area.
- Fully fitted office accomodation including reception / entry area and multiple offices / consulting rooms
- Exclusive kitchenette, bathroom and end of trip faciltities
Suite 1C:
- Leased to BodyMint (trading as Inko Melbourne), returning $20,484 per annum plus GST.
- Leased until 1st July 2027 with no further options, allowing for owner occupation.
- 60 sqm* total building area.
- Fully fitted office accomodation including reception / entry area and multiple offices / consulting rooms
- Exclusive kitchenette, bathroom and end of trip faciltities
POINT OF VIEW:
A popular station opposite, Burke Road beside you, and income already flowing through the door. Entry-level commercial investing rarely gets this literal.
*Approx.
Pricing excludes GST
Additional Info
Features
| Tenancy | Refer Tenancy Schedule |
|---|---|
| Lease Term | Refer to Tenancy Schedule |
| Commenced | Refer to Tenancy Schedule |
| Rent Review | Refer to Tenancy Schedule |
| Bond/Guarantees | Refer to Tenancy Schedule |
| Outgoings Payable | Refer to Tenancy Schedule |
| Age | Refurbished |
| Air Conditioner | Yes |
| Availability | N/A |
| Car Parking Fees | N/A |
| Car Spaces | N/A |
| Condition | Good |
| Floors | Carpet / Laminate |
| Height | 2.7m* (approx) |
| Lifts | N/A |
| Roller Doors | N/A |
| Sprinklers | N/A |
| Wheel Chair Access | N/A |
| Zoning | Commercial 1 Zone (C1Z) |
Outgoings
| Owners’ Corporation | Refer to Tenancy Schedule |
|---|---|
| Building Insurance | (Subject to use) |
| Council Rates | Refer to Tenancy Schedule |
| Water Rates | Refer to Tenancy Schedule |
| Land Tax | Refer to Tenancy Schedule |
| Essential Safety Measures | N/A |
| A/C Maintenance | Refer to Tenancy Schedule |
| Other Charges | Refer to Tenancy Schedule |
Agent Details
Matt Knox
M | 0416 053 036
T | 03 9654 2561
E | [email protected]