157 Power Street Hawthorn VIC 3122

CBRE Victorian Development Sites is offering for sale this prized investment & development opportunity, situated in one of Melbourne's most desirable suburbs at 157 Power Street, Hawthorn.

Key details include:

+Over 2,700sqm* of highly favourable Residential Growth Zone land with excellent exposure to Power Street

+Featuring a substantial three storey complex of 32 residential units, providing an opportunity to refurbish, extend or redevelop

+Returning an income of $545,000* per annum

+Positioned within a premier blue ribbon residential market, close to the Yarra River, the Melbourne CBD & prestigious inner-city suburbs with median house prices ranging from $1.5-$2.6million*

+Surrounded by high-quality education institutions, including Swinburne University's established & expanding campus, in addition to elite and highly desirable private schools, including Scotch College, Trinity Grammar, MLC, Camberwell Girls' School and Xavier College

+Excellent connectivity provided by immediate access to tram networks via Power Street and Riversdale Road, Hawthorn Train Station (550m*) and nearby Glenferrie Train Station (1km*)

*Approx.

For further information please contact the exclusive sales and marketing agents at CBRE:

David Minty
+61 422 564 199
david.minty@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au