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the facts

1377
TOORAK ROAD

CAMBERWELL

Leased 1377 Toorak Road Camberwell TCI - An in depth look behind the scenes of the campaign. We'll explain the pros, the cons, the challenges & the reveal!

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The Facts 1377 Toorak Road Camberwell TCI Lease Leased

THE PROS

  • Fitted beauty/medical/consulting premises
  • 5 large consulting rooms
  • Opportunity for new tenant to save on fit-out expenses
  • Rear yard with on-site car parking
  • Council car parking at rear, ideal for customers
The Facts 1377 Toorak Road Camberwell TCI Lease Leased
TCI Commercial Real Estate For Sale For Lease Sold Leased The Facts Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate 
The Facts 1377 Toorak Road Camberwell TCI Lease Leased
TCI Commercial Real Estate For Sale For Lease Sold Leased The Facts Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate 

THE CONS

  • Fit-out required a refresh
  • Secondary suburban retail strip with less foot traffic than a primary
The Facts 1377 Toorak Road Camberwell TCI Lease Leased
The Facts 1377 Toorak Road Camberwell TCI Lease Leased
The Facts 1377 Toorak Road Camberwell TCI Lease Leased
The Facts 1377 Toorak Road Camberwell TCI Lease Leased
The Facts 1377 Toorak Road Camberwell TCI Lease Leased
The Facts 1377 Toorak Road Camberwell TCI Lease Leased
The Facts 1377 Toorak Road Camberwell TCI Lease Leased
The Facts 1377 Toorak Road Camberwell TCI Lease Leased

THE CHALLENGES

  • Converting the negative i.e. a secondary retail strip, to a positive
  • To achieve this, our marketing campaign promoted the location as a lucrative catchment opportunity to local residents with a suburb median price of $2.7m, as well as the opportunity to save on substantial fit-out costs and associated downtime
The Facts 1377 Toorak Road Camberwell TCI Lease Leased
TCI Commercial Real Estate For Sale For Lease Sold Leased The Facts Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate 
The Facts 1377 Toorak Road Camberwell TCI Lease Leased
TCI Commercial Real Estate For Sale For Lease Sold Leased The Facts Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate 

THE REVEAL

  • Within 12 weeks (including Christmas and New Years downtime), TCI secured 2 signed offers, providing the Landlord the option of their preferred tenant
  • The property was leased at a rent of $55,000 per annum + GST on an initial 5 year term, commencing immediately upon expiry of the previous lease, which represented a 9.34% increase in rent, combined with no downtime
  • The tenant being Removery – a multi-national operator with over 150 other locations
  • Final result being 2.69 times quicker than market average

the facts

market average

0

DAYS on market

  • RESULT
0

days on market

  • difference
0
.69

TIMES QUICKER

Campaign performance

No Data Found

DAYS ON MARKET

No Data Found

DAYS ON MARKET

market EXPECTATION

  • RESULT

Leased 1377 Toorak road

Leased 1377 Toorak road

Leased 1377 Toorak road

Leased 1377 Toorak road

Leased 1377 Toorak road

Leased 1377 Toorak road

Leased 1377 Toorak road

Leased 1377 Toorak road

Leased 1377 Toorak road

Leased 1377 Toorak road

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Contact

Address

463 Bridge Road,
Richmond 3121

Phone

03 9426 8000

Email

teneketzis@tciproperty.com

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TCI Commercial Real Estate For Sale For Lease Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate More views. More enquiry. The best results for you.
TCI Commercial Real Estate For Sale For Lease Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate More views. More enquiry. The best results for you.
TCI Commercial Real Estate For Sale For Lease Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate More views. More enquiry. The best results for you.

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all figures and outlines are approximates only

TCI Commercial Real Estate For Sale Sold For Lease Leased Property Management Commercial Real Estate Richmond Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate More views. More enquiry. The best results for you.
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