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Gorman Commercial in conjunction with Colliers are pleased to offer 415 Riversdale Road, Hawthorn East for sale for the first time. A high quality commercial freehold building prominently positioned within one of Melbourne's most tightly held commercial precincts.
This outstanding opportunity comprises a high-quality three (3) level mixed-use building offering flexible office floor plates suiting multi-tenanted configurations with secure access via a central atrium and on-grade car parking.
The improvements sit on an irreplaceable Commercial 1 zoned landholding providing significant long-term development potential for 27 metres^.
Key features of 415 Riversdale Road, Hawthorn East include:
+ Premium three (3) level mixed-use freehold
+ Total net lettable area of 2,002 sqm*
+ Substantial landholding of 1,132 sqm*
+ 68 secure car parks across two levels, incl. basement
+ Fully leased net income potential of $1,124,866 p.a*
+ 2.6* year WALE (by income) from long-standing & quality tenant mix
+ Commercial 1 zoning
+ 4.5 Star NABERS Energy rating
+ Top level vacancy ideally suited to owner occupiers or value-add leasing strategy
+ Prominent frontage to Riversdale Road with excellent connectivity
+ Located in the Camberwell Junction Major Activity Centre with new planning controls & 27m* discretionary height limit
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