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Gorman Commercial is pleased to offer 735 Burwoord Road, Hawthorn for sale by Public Auction on Thursday 27th August at 12 noon on-site.
Outstanding high profile corner freehold with strong rental income. Leased to high profile residential real estate agency this substantial freehold has all the strong commercial real estate fundamentals, location, exposure, parking and income.
Key Features Include:
- Income: $62,821 pa + GST and outgoings
- Lease terms: Five (5) years from September 2023 plus a further five (5) year option
- Annual increases 4%
- Building area of 216 sqm* over two levels. The current tenant has impeccably renovated the premises comprising partitioned and open office accommodation, reception, expansive board room and modern amenities throughout.
- 4 onsite carparks accessed via the rear ROW.
- Land Area 236 sqm* with a combined frontage in excess of 52 metres
- Favourable commercial 1 zoning
Located on the corner of Burwood Road and Albert Street the property is strategically located in close proximity to Auburn Village and Auburn Railway Station as well as Burke Road Camberwell Retail precinct.
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