CBRE Melbourne is delighted to present for sale an outstanding value add investment opportunity in Melbourne's most sought after locale. Rarely does an offering of this calibre, with so much flexibility and potential, become available in this tightly held prestigious inner eastern location.
The difficulty in acquiring property with such diversity is not to be underestimated. Some notable highlights of 210 Riversdale Road, Hawthorn include:
- 6+6 year lease to long established national tenant WTFN
- Providing an annual income of $218,545p.a.* + GST & outgoings with fixed annual rental increases
- Substantial building area of 745sqm* + ten (10) car spaces
- Irreplaceable landholding of 544sqm* with prominent exposure to Riversdale Road
- Located in one of metropolitan Melbourne's most tightly held office corridors with historical low vacancy
- Lucrative sought after suburb, with a median house price of $2,470,000**
- Excellent transport linkages with Auburn Train Station only 820m*, tram stops, plus nearby access to Monash and Eastern Freeways providing direct access to the Melbourne CBD (7km*)
- Ideally positioned within the Activity Centre precinct, walking distance to both Auburn Shopping Village, plus top Melbourne retail strips, Glenferrie Road and Burke Road featuring national retailers, restaurants, homewards and fashion boutiques and recreation attractions
For Sale via Public Auction to be held on-site Friday 8th December at 10.30AM
*Approx
**Source: ***
Sandro Peluso
+61 418 389 757
Scott Orchard
+61 425 760 712
Josh Twelftree
+61 452 524 985
Kinson Wong
+61 450 712 341
