- Affordable entry-level investment
- Secure 5 + 5 year lease
- Coveted position in Hawthorn
Description
An incredible opportunity at an affordable price point to acquire a commercial property asset in this highly desirable pocket of Hawthorn.
Auction: Thursday 13th October at 12 noon on-site
• 5-year lease plus options to experienced hospitality operator
• Income: $19,000 pa + GST + outgoings
• Commercial 1 zone
• Low maintenance asset
The property is located within the Church Street retail strip, an area that is surrounded by premium residential housing and medium density commercial development. Located on the north-west side of Church Street retail strip, this coveted site has convenient access to public transport such as the 109 and 48 tram, Bridge Road and Victoria Street, Richmond shopping centres. Major brands including IKEA, K-Mart, JB Hi-Fi, Hoyts and Coles are found in Victoria Gardens Shopping Centre. The Melbourne CBD is only 5 km away.