Feature Property

2 Luton Lane, HAWTHORN, VIC

Type: sale

Building Area: 5660 sqm

FUNDAMENTALLY STRONG CORE HAWTHORN OFFICE INVESTMENT POISED FOR THE FUTURE

Gorman Commercial in conjunction with CBRE are delighted to offer this exceptional property for sale via an Expressions of Interest campaign closing on Wednesday 25th September 2019 at 2.30pm.

Key features of the property comprise:

* New lease to Swinburne University (Administration Office)
* Lease: Five (5) years (no option) from 1st August 2019
* Income: $2,896,000* p.a. net + GST (land tax exemption)
* Building area: 5,660 sqm approx.
* Land area: 4,104 sqm approx.
* Future development upside in highly flexible Commercial 1 Zone
* In the heart of highly accaimed Glenferrie Road retail, hospitality and public transport precinct
* Established commercial market close to Melbourne CBD, home to a variety of retail and corporate businesses, with historically low office vacancy rate experiencing strong rental growth
* 4 Star NABERS Energy Rating

Located in the premier city fringe office precinct of Hawthorn, a highly sought after inner-east location, with excellent connectivity to Burwood and Glenferrie Road retail amenity, train stations and access to major arterials on the doorstep of the Melbourne CBD.

Contact Details

Stephen Gorman
sgorman@gormancommercial.com.au
0418 321 828

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