Total/661-665 Glenferrie Road Hawthorn VIC 3122

Absolute Prime Retail Freehold Securely Leased to Commonwealth Bank

Located in the heart of Glenferrie Road surrounded by National retailers, Coles and Woolworths supermarkets, Glenferrie Railway Station, Swinburne University, Hawthorn Aquatic & Leisure Centre and large council car park at rear

Dual wide frontage of 10.2 metres to Glenferrie Road and 10.2 metres to Grace Street
Land area: 445m2 approx.

On site car parking plus excellent rear access

Building area: 370m2 approx.

5 year lease to Commonwealth Bank Ltd

Returning $442,000 per annum (from 1 July 2015)

Significant future value add potential (stca)

Exceptional investment opportunity leased to Australia's largest bank and positioned within of one of Melbourne's busiest and most valuable strip retail centres
(Auction Terms:10% deposit, balance 60 days)