862 Glenferrie Road, HAWTHORN VIC 3122
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- 22 Dec 2014
Super Prime Glenferrie Road Retail
Savills is delighted to present the opportunity to purchase 862 Glenferrie Road, Hawthorn.
Situated within what is arguably Melbourneâ€™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 â€œRibs & Burgersâ€ (part of an international group including â€œMeat & 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 â€œEmblem Apartmentsâ€, comprising 92 luxury apartments
- Potential significant depreciation benefits
- A premium Glenferrie Road retail investment!
For further information please contact:
Nick Peden â€“ 0402 011 266
Jesse Radisich â€“ 0402 085 702
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
862 Glenferrie Road HAWTHORN