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Shop 4, 862 Glenferrie Road
Hawthorn VIC 3122
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Sold on 19 Feb 2015

Shop 4, 862 Glenferrie Road Hawthorn VIC 3122

  • Shop & Retail
  • 158 m²
  • Sold

Bustling Glenferrie Road Retail Investment

  • Prime corner position
  • Brand new lease
  • Strong lease security

Occupying a prime corner position within the distinguished Glenferrie Road shopping strip. Renowned for its thriving culture, Glenferrie Road boasts many iconic cafes and restaurants, latest Australian designer boutiques and national retail brands.

High profile corner tenancy of 158 sqm* with two (2) secure basement car parks

Brand new lease with options to 2034 - commenced 1st September 2014

Leased to highly reputable tenant Hakata Gensuke, who operates an already thriving store on Russell Street in Melbournes CBD

Net rental of $68,000 per annum plus outgoings and GST

Fixed 4% annual increases

Strong lease security

Situated at the base of a brand new luxury development, "Emblem"

Potential for depreciation benefits

Nestled amongst a thriving residential and retail catchment

Surrounded by Ribs and Burgers, Nandos, Rococos, Grilld, and many more bustling eateries

This property is to be sold via a Deadline Private Sale, closing the 18th of March at 2:00 pm (unless sold prior).

For further information or to organise an inspection, please contact Knight Frank directly.

* approx.

Property Highlights

Date Sold19 Feb 2015
Floor Area158 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Property ID2011759204
Category
Last updated  31 Jan 2021
Map for Shop 4, 862 Glenferrie Road Hawthorn VIC 3122

Property Highlights

Date Sold19 Feb 2015
Floor Area158 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Property ID2011759204
Category
Last updated  31 Jan 2021

Listed by

Knight Frank - Melbourne
Call
0396025722

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