138 Auburn Road, HAWTHORN VIC 3122 SOLD
- Two tenancies each with separate access
- Potential Income: $52,500 pa + GST
- Tightly held and thriving retail strip
Description
Gorman Allard Shelton has the pleasure in offering this exceptional investment asset for sale by way of immediate Private Sale.
The property provides buyers with the chance to acquire this classic three-level “Auburn Village” freehold building, comprising ground floor retail and upper-level residential, located within one of the eastern suburb’s most tightly held retail shopping strips.
Key property features comprise:
* Two tenancies each with separate access
* Ground & 1st Floor offered with vacant possession
* Second-floor residence with longstanding tenant
* Potential fully let income: $52,500 pa + GST
* Building area: 130 sqm
* Metres from Auburn Train Station and walking distance to Swinburne University
* Favourable Commercial 1 zoning providing flexibility
* Rear access via Queens Avenue
Located within the tightly held “Auburn Village” shopping strip surrounded by a dynamic mix of local businesses as well as an abundance of lifestyle and public transport amenity.