This article is from the Australian Property Journal archive
A RETAIL property with three-bedroom dwelling in Camberwell in Melbourne’s inner-east has sold for $1.72 million after attracting interest from investors around Australia.
Fitzroys agents Chris James, Jordan Ceppi and Chris Kombi sold the 947 Burke Rd Camberwell property, on behalf of a private owner.
The sale price reflects a sharp 4.3% yield.
The three-level 250 sqm building is leased to Classique Nail Spa on the ground floor, on a new 5+5-year lease, while the upper levels boast a contemporary three-bedroom apartment.
