HAWTHORN

623-625 Burwood Road & 143 Auburn Road, HAWTHORN VIC 3122

CORNER FREEHOLD IN ICONIC AUBURN VILLAGE

Gorman Kelly are delighted to present for your consideration a blue chip two storey commercial investment located in one of Melbourne’s most affluent suburbs.

Being positioned in a major commercial, retail, educational and lifestyle hub in Melbourne’s premier inner east, 623-625 Burwood Rd and 143 Auburn Rd represents a magnificent investment anchored by one of Australia’s most recognised and trusted financial lenders plus a huge first floor space suitable for office or residential conversion.

This premium opportunity is summarised by the following key attributes:
- Two freehold retail/office/residential investments to be sold as one
- Prime location on the corner of Auburn Rd and Burwood Rd with land area of 252m2 on two titles
- Ground floor leased to national tenant RAMS at $72,467 net per annum on a long lease
- Huge first floor area of 157m2 with dual entrances and vacant possession suitable for office or residential conversion.
- First floor recently renovated including new carpet and paint.
- Fully leased rental in the region of $107,000 pa net with scope for further rental growth
- Building area of 315m2 with rear car park
- Commercial 1 zoning
- Adjacent to Swinburne University and Auburn Train Station

The property is located in Auburn Village. An artisan and local food lover’s destination, Auburn Village exudes charm with its eclectic mix of independent shops, bars and pubs, cafes, homeware store, bridal wear, florists and fashion boutiques.

Property Details


PROPERTY TYPE: Retail
BUILDING AREA: 315.00 m2
PRICE: Contact Agent
CAR SPACES: 3
CONTRACT TYPE: sale



Auction Date

October 18 2018, 2:00pm



Property Enquiry

Property Enquiry

Contact Agent

Aldo Galante
Director Valuation, Advisory And Advocacy

T: (03) 9810 7295
M: 0417 055 588
E: agalante@gormankelly.com.au

Similar Listings

For Sale

Retail

Kew East

659 High Street,
KEW EAST VIC 3102


Building size: 220 m2
Land size:m2

For Sale

Retail

Kew

126 Cotham Road,
KEW VIC 3101


Building size: 90 m2
Land size:m2