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JLL Melbourne has the exclusive privilege of offering for sale this dual fronted investment opportunity located at 812-816 Glenferrie Road, Hawthorn.
Key details of the opportunity include:
+ Super prime freehold of 353sqm* comprising 2 shops & 4 offices
+ Diversified fully let net income of $170,012 per annum* + GST & Outgoings
+ Short-term lease structures providing for value-add and development potential
+ Prized Hawthorn landholding of 809sqm*
+ Highly sought-after Glenferrie Road frontage and side laneway access via Measham place
+ Flexible commercial 1 zone providing opportunity for an array of development potential (STCA)
+ Extremely rare secure at-grade car parking for 14 vehicles
+ Surrounded by prominent international and national retailers including McDonald’s, KFC, Chemist Warehouse, Australia Post, as well as major supermarkets Woolworths and Coles
+ Convenient access to nearby tram networks on Glenferrie, Camberwell and Burke Roads as well as nearby Glenferrie and Auburn Train Stations
+ Hawthorn is one of Melbourne’s most established and lucrative suburbs, boasting a median house price of $2,450,000^
812-816 Glenferrie Road and 1 Measham Place, Hawthorn is For Sale by Expressions of Interest closing Wednesday 7 December 2022 at 2pm, if not sold prior.
To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
MingXuan Li | 0498 688 998
Nick Peden | 0402 011 266
Mark Stafford | 0404 401 053
· Super Prime Retail Freehold
· Diversified Income Stream
· Significant landholding with immediate upside