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693-695 Burwood Road Hawthorn East VIC 3123

  • Showrooms / Bulky Goods
  • Floor Size1,332 m²
  • PriceFor Sale, Contact Agent

HAWTHORN TROPHY INVESTMENT – BUY ONE, BUY BOTH

&#xD&#xD 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.

Property Highlights

Property ID2014660944
Floor Area1,332 m²
Land Area2,100 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  19 Nov 2018
Map for 693-695 Burwood Road Hawthorn East VIC 3123
GormanKelly
Level 1, 1 Oxley Road Hawthorn VIC 3122

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