GormanKelly is pleased to offer 203 Riversdale Road, Hawthorn for sale by public auction to be held Thursday 30th May 2013 at 12 Noon on site.
Suitable for investors and future developers and/or owner occupiers this is an opportunity to purchase a quality commercial property with an upside in a sought after location.
In summary this property offers:
* Well presented, fully leased retail/ office building;
* Building area 259sqm* with 4 onsite car spaces;
* Leased to 4 separate tenants on flexible Lease agreements;
* Currently returning $49,294 net per annum;
* Land area 254sqm* with rear ROW access, Zoned Business 1;
* Future potential to develop (STCA);
* Excellent exposure with a 6.4m* frontage to busy Riversdale Road and Auburn Road intersection;
* Great location with public transport at doorstep, walk to shops, cafes and parkland, close proximity to Camberwell Junction and freeway access.
203 Riversdale Road, Hawthorn is located on the northern side of Riversdale Road between Auburn Road and Hunter Street.
The property is located within a small retail/commercial precinct centred around the intersection of Riversdale and Auburn Roads.
Furthermore the property is in close proximity to the following facilities:
* Walk to shops and cafes
* Trams at the doorstep and within walking distance to Auburn train station
* Easy access to the Southern Eastern/ Monash Freeway (City Link)
* Within close proximity to the extensive retail services and amenities offered at Camberwell Junction and Glenferrie Road retail strip.
* Located within the heart of the desirable residential suburbs of Hawthorn, Kew and Camberwell and only minutes to Malvern, Armadale and Toorak.
