826 Glenferrie Road Hawthorn VIC 3122

Shop & Retail
850 m²
Sold, $4,620,000

Superb Investment Enjoying Long-Term Lease

Blue-chip Hawthorn location

Seize the day with this high profile street front opportunity enjoying a long-term lease in a blue-chip Hawthorn location. A multi-level 1960s building currently accommodating a thriving Chinese restaurant, it offers generous returns and scope for excellent capital growth. Ideal investment enhanced by extensive interior fit-out, substantial street frontage, rear loading/parking and its prime position in the Glenferrie Rd shopping strip.

Building size: 850sqm approx.
Income: $179,978.28 (+ outgoings & GST) per annum
Outgoings: Council rates, water rates & building insurance
Lease term: Ten years, commenced August 2016
Further terms: Two further terms of five years each
Rent Reviews: 4% fixed increases annually & market at further term

EXPRESSION OF INTEREST

Closing date and time	03/12/2020 17:00
Recipient name	Ask Agent
Delivery address	Ask Agent

Thomson

Cnr High Street & Glenferrie Road

Malvern, VIC 3144

Property Highlights

Date Sold	4 Dec 2020
Sold Price	$4,620,000
Floor Area	850 m²
Land Area	Ask Agent
Parking	On street parking
Property ID	2016588950
Category	Shop & Retail Offices
Last updated	4 Jan 2021

Map for 826 Glenferrie Road Hawthorn VIC 3122

Nearest transport* to 826 Glenferrie Road Hawthorn VIC 3122

Bus

Train

Tram

Rae St/Auburn Rd (Hawthorn)	819 m
Harcourt St/Auburn Rd (Hawthorn East)	829 m
Liddiard St/Auburn Rd (Hawthorn)	872 m
Carey Baptist Grammar School/Wrixon St (Kew)	883 m

*Within a 4km radius

Did you find this helpful?

Yes

Thomson

Cnr High Street & Glenferrie Road

Malvern, VIC 3144

Property Highlights

Date Sold	4 Dec 2020
Sold Price	$4,620,000
Floor Area	850 m²
Land Area	Ask Agent
Parking	On street parking
Property ID	2016588950
Category	Shop & Retail Offices
Last updated	4 Jan 2021

Listed by

John Chartres

Thomson

Call

0418 321 951

More about 826 Glenferrie Road Hawthorn VIC 3122

826 Glenferrie Road Hawthorn VIC 3122 is categorized as Shop & Retail Property. It has a floor area of 850 m². The listing ID for this property is 2016588950.