> 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.