HAWTHORN EAST

675-685 & 693-695 Burwood Road, HAWTHORN EAST VIC 3123

HAWTHORN TROPHY INVESTMENT – BUY ONE, BUY BOTH

GormanKelly is pleased to offer two of Hawthorns most strategic investment / land bank opportunities with the option to buy either one, or both properties.

675-685 Burwood Road & 693-695 Burwood Road, Hawthorn East are offered for Sale.

This is a rare opportunity to acquire two fully leased investments in an irreplaceable prime location with excellent future mixed-use development potential (STCA).

We believe the most outstanding aspects of each property include:

675-685 Burwood Road, Hawthorn East
- Building area 3,501sqm*
- Land area 2,907sqm* / Zoned Commercial 1
- 45.8 metre* frontage to Burwood Road
- Currently returning $851,415.12* net per annum plus GST
- Leased to Autopact Victoria Pty Ltd on a Five (5) year Lease (as of 1st November 2018)
- Excellent mixed-use development potential (STCA) / Approved Planning Permit

693-695 Burwood Road, Hawthorn East
- Building area 1,332sqm*
- Land area 2,100sqm* / Zoned Commercial 1
- Two Street frontages to both Burwood Road and Lilydale Grove
- Currently returning $642,500.52* net per annum plus GST
- Leased to Autopact Victoria Pty Ltd on a Ten (10) year Lease (as of 1st February 2011) with One (1) further term of Ten (10) years
- Excellent mixed-use development potential (STCA)

Location
- Located within 260m* from Auburn Railway Station with tram services on Glenferrie Road, Riversdale Road and Burke Road and surrounding bus services
- Moments away from the Glenferrie Road Shopping Precinct (1.2km), Auburn Shopping Village (230m*)and Camberwell Junction (1.4km*)
- Minutes’ walk from Swinburne University which has over 22,000 local and international students

*Approximate

Property Details


PROPERTY TYPE: Retail
BUILDING AREA: 4833.00 m2
PRICE: Contact Agent

CONTRACT TYPE: sale


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

Robert Kelly
Managing Director

T: (03) 9810 7288
M: 0418 655 242
E: rkelly@gormankelly.com.au

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