1183 Toorak Road, Camberwell, Vic 3124

Lemon Baxter are delighted to exclusively offer the 100% Freehold interest in Toorak House Camberwell | 1183 Toorak Road, Camberwell.

Toorak House Camberwell presents a fully refurbished two-level office building above two levels of secure basement parking, commanding a landmark corner of Toorak Road and Wattle Valley Road. 

Offered with 100% of income secured from settlement via vendor rental guarantee, the asset delivers immediate cash flow, near-term occupier access to up to 50%* of the building, and the enduring security of a 1,807sqm* Commercial 1 zoned freehold in one of Melbourne's most affluent and tightly held office markets. 

Investment highlights include:
- Quality existing improvements across 2,646sqm* of NLA and 98 basement car bays, now considered well below replacement cost. 
- 100% Income secured from day one with a passing Net income of $1,386,065* p.a. underpinned by vendor rental guarantee over vacant suite.
- Occupy Up To 50%* with 620 sqm* available now, growing to 1,346 sqm* within 12 months. A genuine HQ opportunity.
- Clear rental growth upside with lack of potential supply and significant economic rents will provide substantial long term rent revision in Melbourne Metro's tightest leasing precinct.
- Commanding the corner of Toorak Road and Wattle Valley Road in the heart of the Hartwell precinct, 9km* from the Melbourne CBD and moments from everything that matters, underpinning long-term investor demand.
- The property benefits from immediate access to Toorak Road arterials, public transport connectivity, and an abundance of surrounding retail and lifestyle amenity.
- Considerable 1,807 sqm site with three street frontages including 42.72m* to Toorak Road.
- Benefitting from Commercial 1 Zoning being Melbourne Metro's most flexible zoning with long-term redevelopment optionality (STCA) and supporting long term capital preservation.
- 3.5 Star NABERS Energy rating. 

Whether securing your corporate headquarters or acquiring a growth-primed Inner-East investment, Toorak House Camberwell rewards both custodians.

For further information or to arrange an inspection please contact our exclusive selling agents.

*approx.