Savills is delighted to present the opportunity to purchase 862 Glenferrie Road, Hawthorn.
Situated within what is arguably Melbourne’s best retail strip, surrounded by an extensive array of blue-chip retailers, this high profile retail property represents a remarkable investment, with the following key attributes:
- Magnificent ground level shop of 221sq m*
- Brand new 10 year lease with options (commenced February 2014)
- Leased to the highly successful “Ribs & Burgers†(part of an international group including “Meat & Wine Co.â€)
- Net Rental: $113,300 per annum* + Outgoings & GST
- Fixed 3% annual rental growth
- Includes 2 car parks on title
- Part of the newly completed “Emblem Apartmentsâ€, comprising 92 luxury apartments
- Potential significant depreciation benefits
- A premium Glenferrie Road retail investment!
For further information please contact:
Nick Peden – 0402 011 266
Jesse Radisich – 0402 085 702
