Shop 20, 674-680 Glenferrie Road, HAWTHORN VIC 3122 SOLD
- Income: $42,436 pa
- Lease Term: Three (3) years plus options
- Unbeatable Glenferrie Road location
Description
Gorman Commercial is pleased to present this well leased strata retail investment to the market for private sale.
- Part of the Glenferrie Centre complex, anchored by Woolworths and BWS, this retail asset is leased to Shades of Fades, a bustling barbershop, on a three (3) year term with further three (3) year option period, currently returning $42,436 pa.
- The strata retail premises of 45 sqm*, is situated at the entry point of the Glenferrie Centre, in a well frequented location connecting Glenferrie Road to Swinburne University and directly opposite a council carpark.
- This premier location is underpinned by national brands such Coles Local, boutique eateries such as Via Porta Bakery, Fonda, Mile End Bagels, Yo-Chi and Axil Coffee Roasters to name just a few and fast food traders such as McDonald's, KFC, Roll’d, Subway and Sushi-Sushi.
- Public transport amenity is provided in all forms, including Glenferrie Train Station (Belgrave and Alamein lines), Route 16 Tram, plus bus routes
- Glenferrie Road continues to attract high grade businesses, with the likes of Lido Cinemas, Readings Books, Eco D, and Panache Flowers.
- Swinburne University is a major draw card to the precinct with approx. 30,000 enrolled students and supplies a high student population studying and living in the immediate area, plus there are numerous private and public schools in proximity that continue to make the strip popular.
For further information, contact Gorman Commercial agent Nathan May 0452 210 491.