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5-7 Guest Street
Hawthorn VIC 3122
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Sold on 4 Sep 2019

5-7 Guest Street Hawthorn VIC 3122

  • Offices
  • 950 m²
  • Sold

Premium Suburban Office Investment

  • Premium 2-level office building
  • Fully leased to long-term tenant
  • Highly valuable underlying landholding

Savills and Gorman Kelly are delighted to offer for sale 5-7 Guest Street, a freestanding, newly refurbished office building that's exceptionally well located in the heart of Hawthorn. This blue-chip, two-level office property is fully leased to a high quality longstanding tenant and occupies an exceptionally valuable underlying landholding, representing an outstanding suburban investment opportunity with huge future upside.

Some of the many key attributes of this property includes:
- A large, two-level office building of 950sq m* + 19 space car park
- Fully refurbished recently, presenting immaculately throughout
- Highly valuable landholding of 1,039sq m*
- New 5.5 years + 5 years lease to DBM Consultants
- Current net rent of $362,000pa* with tenant paying all usual outgoings
- Fixed annual rental growth of 3.5%
- Walking distance to Glenferrie Retail and abundant public transport

The opportunity to secure a high calibre asset of this nature is very rare, especially when you consider the prime location, the immaculate new fit out and the secure tenant with a long term lease.

Savills Agents:

Julian Heatherich 0412 995 655
Dorothy He - 0430 183 889

Gorman & Kelly Agents:

Samuel Torrance - 0407 057 954
Aldo Galante - 0417 055 588
Nick Breheny - 0411 601 730

Savills Melbourne
Savills Melbourne
Level 29, South Tower, 80 Collins Street,
Melbourne, VIC 3000

Property Highlights

Date Sold4 Sep 2019
Floor Area950 m²
Land Area1,039 m²
ParkingOn site parking available
Property ID2015394836
Category
Last updated  30 Sep 2021
Map for 5-7 Guest Street Hawthorn VIC 3122

Nearest transport* to 5-7 Guest Street Hawthorn VIC 3122

Bus
Train
Tram
Elgin Pl/Power St (Hawthorn)614 m
Grace Park/Power St (Hawthorn)676 m
Hawthorn Railway Station/Burwood Rd (Hawthorn)823 m
Oxley Rd/Auburn Rd (Hawthorn)1.0 km
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Savills Melbourne
Savills Melbourne
Level 29, South Tower, 80 Collins Street,
Melbourne, VIC 3000

Property Highlights

Date Sold4 Sep 2019
Floor Area950 m²
Land Area1,039 m²
ParkingOn site parking available
Property ID2015394836
Category
Last updated  30 Sep 2021

Listed by

Nick Breheny
Nick Breheny
GormanKelly
Call
0408 155 587

More about 5-7 Guest Street Hawthorn VIC 3122

5-7 Guest Street Hawthorn VIC 3122 is categorized as Office. It has a floor area of 950 m². The listing ID for this property is 2015394836.

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