Gorman Commercial FOR SALE

351 Burwood Road, Hawthorn

for sale

MAGNIFICENT HAWTHORN INVESTMENT

Gorman Commercial is pleased to present 351 Burwood Road, Hawthorn & 2 Glenferrie Place, Hawthorn for private sale.

The property comprises a prime ground floor retail premises (351 Burwood Road) with a separately self contained two bedroom apartment (2 Glenferrie Place) with combined area of 170 sqm approx.

351 Burwood Road:

* Leased to White Cut Hairdressing
* Long standing secure tenant
* Lease term: 5 + 5 years
* Annual 4% reviews

2 Glenferrie Place:

* First floor apartment
* Spacious 120 sqm two bedrooms and one bathroom
* Lease term: month to month
* Single car space

Combined annual income for the dual tenancies: $61,892 p.a. + GST + outgoings

Note: There is a rental increase in June for the first floor apartment

Located in the heart of Hawthorn’s retail and Swinburne Activity Centre directly opposite the Hawthorn Town Hall.

Listing Highlights

  • Prime ground floor retail premises
  • Separate spacious two bedroom apartment
  • Combined income: $61,892 p.a. net

Property Details

Asset Type
Retail
Building Area
170 m2*
Car Parking
1 spaces
Price
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