693-695 Burwood Road Hawthorn East VIC 3123
- Showrooms / Bulky Goods
- 1,332 m²
- For Sale, Contact Agent
HAWTHORN TROPHY INVESTMENT – BUY ONE, BUY BOTH
GormanKelly is pleased to offer one of Hawthorns most strategic investment / land bank opportunities for Sale.
This is a rare opportunity to acquire a fully leased investment in an irreplaceable prime location with excellent future mixed-use development potential (STCA).
We believe the most outstanding aspects of this property include:
- Building area 1,332sqm*
- Land area 2,100sqm* / Zoned Commercial 1
- Two Street frontages to both Burwood Road and Lilydale Grove
- Currently returning $642,500.52* net per annum plus GST
- Leased to Autopact Victoria Pty Ltd on a Ten (10) year Lease (as of 1st February 2011) with One (1) further term of Ten (10) years
- Excellent mixed-use development potential (STCA)
- Located within 260m* from Auburn Railway Station with tram services on Glenferrie Road, Riversdale Road and Burke Road and surrounding bus services
- Moments away from the Glenferrie Road Shopping Precinct (1.2km), Auburn Shopping Village (230m*)and Camberwell Junction (1.4km*)
- Minutes’ walk from Swinburne University which has over 22,000 local and international students
There is an opportunity to buy this property in conjunction with the adjoining property at 675-685 Burwood Road, Hawthorn East. Please refer to the separate listing for more information.
|Floor Area||1,332 m²|
|Land Area||2,100 m²|
|Annual Return||Ask Agent|
|Last updated||19 Nov 2018|