Description

Under instruction from Advise Transact, Gorman Commercial and Lemon Baxter are delighted for the first time in thirty years to exclusively offer the 100% freehold interest in Junction House | 695 Burke Road, Camberwell for private sale.

Positioned at the heart of Camberwell Junction, a location synonymous with prestige, amenity and connectivity, Junction House is a pinnacle investment, truly land rich, with the following investment highlights:

* Quality existing improvements across 3,569 sqm* of NLA and 54 basement car bays, now considered well below replacement cost, offering flexibility to reposition or repurpose and capture future rental uplift.
* Proven and secure cash flow with strong existing income of $930,000 per annum* with considerable potential for rental reversion through strategic leasing and targeted value-add initiatives.
* Estimated fully leased income of $1,450,000 per annum*.
* A balanced tenancy mix with a staggered lease expiry profile providing income security today and optionality for reversion or future owner-occupation.
* Situated within one of Melbourne’s most prestigious and tightly held commercial enclaves at Camberwell Junction, located just 7.5 kilometres* from the CBD, underpinning long-term investor demand.
* A landmark corner holding in the heart of Melbourne’s most vibrant and connected commercial hub surrounded by national retailers and unrivalled public transport connectivity.
* The Camberwell Junction office market continues to demonstrate exceptionally low vacancy and consistent capital growth, reinforcing its reputation as one of Melbourne’s most resilient investment precincts.
* The underlying 1,115 sqm* freehold land ensures the land value will ultimately surpass the investment value supporting future exit pricing and long-term capital preservation.
* Benefitting from Commercial 1 Zoning and a local planning precedent for up to 14 levels, the property provides genuine long-term re-development flexibility.
* Upper levels capture panoramic Melbourne CBD views and abundant, quality natural light — a rare attribute that enhances both occupier appeal and future development potential.
* 3.5 Star NABERS Energy rating.

For further information or to arrange an inspection please contact the exclusive selling agents below:

GORMAN COMMERCIAL

Peter Bremner | 0412 326 942
Stephen Gorman | 0418 321 828
Jonathon McCormack | 0418 835 885

LEMON BAXTER

Thomas Blencowe | 0401 197 122
Paul O’Sullivan | 0412 410 366

*Approximate