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121 Auburn Road
Hawthorn VIC 3122
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Sold on 16 Sep 2014

121 Auburn Road Hawthorn VIC 3122

  • Shop & Retail
  • Sold

Investment With Altitude

> Impressive double storey shop + dwelling
> Two separate income streams
> Combined income: $62,140 pa
> Prominent retail space plus spacious 3 bedroom dwelling
> Rear access plus off street carparking for 3 vehicles approx
> Land area: 191 sqm approx.
> Building area: 170 sqm approx.
> Only metres to Auburn train station
> Zoned: Commercial 1

Lease Particulars:
Ground Floor (Commercial tenant)
- Rental: $32,152.27 pa
- Lease expiry: 1/9/15 + option

Part Ground & First Floor (Residential tenant)
- Rental: $29,988 pa Net
- Lease expiry: 18/3/15

The subject property is ideally located, being positioned on the eastern side of Auburn Road, between Burwood and Victoria Roads.

It is strategically positioned in a well-regarded boutique shopping strip. Auburn Road boasts a diverse range of retail incorporating upmarket cafés (including 'Hello Sailor'), the Geebung Polo Club and an eclectic mix of specialty retail (includes homewares & giftware).

It is also positioned close to all modes of public transport including Auburn station which is only 100 metres away.

Hawthorn is located 6 kms east of the CBD. Located on the eastern side of the Yarra and south of Barkers Road, Hawthorn is a medium sized residential suburb in Melbourne's east, with significant commercial areas.

Hawthorn has a strong tertiary education influence with the presence of the Swinburne University of Technology and a large tertiary student population. The suburb also features the Allendale Hospital and Grace Park.

AUCTION

Auction date and time10/09/2014 14:00
Auction locationAsk Agent

Property Highlights

Date Sold16 Sep 2014
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2011372316
Category
Last updated  16 Sep 2014
Map for 121 Auburn Road Hawthorn VIC 3122

Property Highlights

Date Sold16 Sep 2014
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2011372316
Category
Last updated  16 Sep 2014
9/30 Collins Street Melbourne VIC 3000

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