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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:

Clinton Baxter - 0413 569 888
Dorothy He - 0430 183 889

Gorman & Kelly Agents:

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

Clinton Baxter
Savills Melbourne
Clinton Baxter
Savills Melbourne
Dorothy He
Savills Melbourne
Dorothy He
Savills Melbourne
Samuel Torrance
GormanKelly
Samuel Torrance
GormanKelly
Nick Breheny
GormanKelly
Nick Breheny
GormanKelly

Property Highlights

Property ID2015394836
Date Sold4 Sep 2019
Floor Area950 m²
Land Area1,039 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  29 Jun 2021
Map for 5-7 Guest Street Hawthorn VIC 3122
Map for 5-7 Guest Street Hawthorn VIC 31225-7 Guest Street Hawthorn VIC 3122
Clinton Baxter
Savills Melbourne
Clinton Baxter
Savills Melbourne
Dorothy He
Savills Melbourne
Dorothy He
Savills Melbourne
Samuel Torrance
GormanKelly
Samuel Torrance
GormanKelly
Nick Breheny
GormanKelly
Nick Breheny
GormanKelly

Property Highlights

Property ID2015394836
Date Sold4 Sep 2019
Floor Area950 m²
Land Area1,039 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  29 Jun 2021
Savills Melbourne
Level 29, South Tower, 80 Collins Street, Melbourne VIC 3000
Clinton Baxter
Savills Melbourne
Clinton Baxter
Savills Melbourne
Dorothy He
Savills Melbourne
Dorothy He
Savills Melbourne
Samuel Torrance
GormanKelly
Samuel Torrance
GormanKelly
Nick Breheny
GormanKelly
Nick Breheny
GormanKelly
Clinton Baxter

Clinton Baxter

Savills Melbourne

Dorothy He

Dorothy He

Savills Melbourne

Samuel Torrance

Samuel Torrance

GormanKelly

Nick Breheny

Nick Breheny

GormanKelly

0413 *** ***
0413 569 888

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