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the facts

722
BURKE ROAD

CAMBERWELL

Leased 722 Burke 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 722 Burke Road Camberwell TCI Lease Leased

THE PROS

  • Existing food premises fit-out
  • Opportunity for new tenant to save on fit-out expenses
  • Next to Camberwell Station
The Facts 722 Burke 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 722 Burke 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  • Fit-out was outdated and required renovations
  • Equipment was old and may have required replacement
  • Not located within primary section of Burke Road with more foot traffic
The Facts 722 Burke Road Camberwell TCI Lease Leased
The Facts 722 Burke Road Camberwell TCI Lease Leased
The Facts 722 Burke Road Camberwell TCI Lease Leased
The Facts 722 Burke Road Camberwell TCI Lease Leased
The Facts 722 Burke Road Camberwell TCI Lease Leased
The Facts 722 Burke Road Camberwell TCI Lease Leased
The Facts 722 Burke Road Camberwell TCI Lease Leased
The Facts 722 Burke Road Camberwell TCI Lease Leased

THE CHALLENGES

  • Converting the negative i.e. a secondary location on a primary strip, to a positive
  • To achieve this, our marketing campaign promoted the location as a lucrative catchment opportunity to Camberwell Station with 1.6m entries per annum, as well as the opportunity to save on substantial fit-out costs and associated downtime
  • The Landlord made no representation on any existing food equipment i.e. if it was not operational or ceased to operate, it would not be repaired or replaced by the Landlord
The Facts 722 Burke 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 722 Burke 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 9 weeks (including Christmas and New Years downtime), TCI leased the property at a rent of $36,500 per annum + outgoings + GST or $730/m2 net
  • Final result being 10.77 times quicker than market average

the facts

market average

0

DAYS on market

  • RESULT
0

days on market

  • difference
0
.7

TIMES QUICKER

Campaign performance

No Data Found

DAYS ON MARKET

No Data Found

DAYS ON MARKET

market EXPECTATION

  • RESULT

Leased 722 Burke Road

Leased 722 Burke Road

Leased 722 Burke Road

Leased 722 Burke Road

Leased 722 Burke Road

Leased 722 Burke Road

Leased 722 Burke Road

Leased 722 Burke Road

Leased 722 Burke Road

Leased 722 Burke 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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