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Gorman Commercial is pleased to offer 729 Glenferrie Road, Hawthorn for sale.
The property presents a rare opportunity for buyers to acquire an outstanding mixed-use investment, situated within one of Melbourne’s highest performing retail hospitality & shopping strips.
Key features of the property are as follows:
+ Combined passing income of $121,468 per annum + GST
+ Substantial building area of 263sqm* comprising ground floor retail and separate first floor apartment/office space.
+ Separately accessed and spacious first floor two bedroom apartment with generous open plan living area, full kitchen and private balcony.
+ Excellent on-site parking for 4 cars + rear ROW accessed via Chrystobel Crescent & Linda Crescent.
+ Quality landholding of 246sqm*
+ Potential for strong rental growth, particularly from the ground floor tenancy.
+ Located within a prime position on Glenferrie Road, between Linda Crescent and Liddiard Street/Christobel Crescent, with extremely low retail vacancy.
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