862 Glenferrie Road Hawthorn VIC 3122

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.")
- 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 Apartments", comprising 92 luxury apartments
- Potential significant depreciation benefits
- A premium Glenferrie Road retail investment!

For further information please contact:

Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655