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Sold on 25 May 2019

351 Burwood Road Hawthorn VIC 3122

  • Retail
  • 170 m²
  • Sold

MAGNIFICENT HAWTHORN INVESTMENT

  • Prime ground floor retail premises
  • Separate spacious two bedroom apartment
  • Combined income: $61,892 p.a. net

Gorman Commercial is pleased to present 351 Burwood Road, Hawthorn & 2 Glenferrie Place, Hawthorn for private sale.

The property comprises a prime ground floor retail premises (351 Burwood Road) with a separately self contained two bedroom apartment (2 Glenferrie Place) with combined area of 170 sqm approx.

351 Burwood Road:

* Leased to White Cut Hairdressing
* Long standing secure tenant
* Lease term: 5 + 5 years
* Annual 4% reviews

2 Glenferrie Place:

* First floor apartment
* Spacious 120 sqm two bedrooms and one bathroom
* Lease term: month to month
* Single car space

Combined annual income for the dual tenancies: $61,892 p.a. + GST + outgoings

Note: There is a rental increase in June for the first floor apartment

Located in the heart of Hawthorns retail and Swinburne Activity Centre directly opposite the Hawthorn Town Hall.

Property Highlights

Property ID2015009880
Date Sold25 May 2019
Floor Area170 m²
Land AreaAsk Agent
ParkingAsk Agent
Category
Last updated  27 May 2019
Map for 351 Burwood Road Hawthorn VIC 3122
Map for 351 Burwood Road Hawthorn VIC 3122351 Burwood Road Hawthorn VIC 3122
Gorman Commercial
415 Riversdale Road Hawthorn VIC 3122

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