GormanKelly is pleased to offer 660 Glenferrie Road, Hawthorn for sale by auction scheduled for Friday 4th September at 12pm onsite.
A fantastic opportunity to acquire a rarely offered prime Glenferrie Road freehold retail investment underpinned by secure tenancy in a thriving location.
We believe the most outstanding aspects of this property include:
- Single-storey retail premises of 133m2 approx;
- Prime investment within one of Melbourne’s most tightly held and sought after retail precincts;
- Secure 3 year lease with 3 year option to the Glenferrie Newsagency;
- Currently returning $82,958 net p.a. plus outgoings;
- Land area 121m² / Zoned Commercial 1;
- Close to Swinburne University and a multitude of national retailers including Coles, Woolworths, Telstra Shop, Aussie Disposals, Chemist Warehouse, Westpac, Commonwealth Bank, National Australia Bank, ANZ, McDonalds, Grill’d, Schnitz, Pizza Hut, Subway, Fonda and Boost Juice;
- Public transport at the doorstep with trams on Glenferrie Road and immediately next door to Glenferrie Railway Station.
The property is located in the heart of Glenferrie Road, one of Melbourne’s most tightly held and sought after retail precincts underpinned by Swinburne University, a number of elite private schools and surrounded by prime residential property.
