SOLD
Sold on 16 Jan 2024 for $2,360,000

226-232 Belair Road
Hawthorn SA 5062

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 100m2
Land area: 1298m2
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Property Details for 226-232 Belair Rd, Hawthorn

Building Type
Commercial
Year Built
1955
Floor Size
100m2
Land Size
1298m2
Local Government
Mitcham
Lot/Plan
A104/F13423

Last Listing description (January 2024)

Raine & Horne Commercial are pleased to present to the market 226-232 Belair Road, Hawthorn for sale by Expression of Interest.

Located on a prime corner site of approximately 1,298m2 along Belair Road this fully leased asset provides well established and secure tenants in the heart of the Mitcham Council commercial precinct.


This property consist of 3 commercial tenants (The Cheesecake Shop, Audika and Pasta Chef) and is situated next to popular fast food chains, busy neighbourhood shops and adjacent Mitcham Shopping Center.

Key features include;
> Fully leased with an estimated net return of approximately $118,245.85* per annum
> Total build area of 282m2 split into three tenancies
> Exposure to 24,200* passing vehicles daily
> Ample on-site parking
> 40m* of frontage to Belair Road
> Entry and exit from both Blair Road & Wemyss Avenue
> Zoned Suburban Activity Centre (SAC)
> Future redevelopment potential

Expression of Interest Close 12th (Tuesday) of December 2023 at 12pm
PRICE GUIDE - In excess of $2.1M

Daniel Romeo 0413 383 370
RLA 205498

*approximately
All figures provided are approximate only

(Any outlines indicative only)
ALL AREAS AND DIMENSIONS ARE APPROXIMATE ONLY AND HAVE NOT BEEN SURVEYED. PROSPECPECTIOVE PRUCAHSERS SHOULD MAKE THEIR OWN ENQUIRES IN REGARDS TO ACCURCY OF ALL DIMEMSIONS

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Property History for 226-232 Belair Rd, Hawthorn, SA 5062

A timeline of how this property has performed in the market
Last Sold
$2,360,000
16 Jan 2024
Listed for Rent
$441/w
01 Mar 2023
  • 16 Jan 2024
    Sold for $2,360,000
  • 14 Nov 2023
    Listed for Sale EXPRESSION OF INTEREST
  • 12 Jan 2023
    Listed for Rent $23,000 / year
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About Hawthorn 5062

The size of Hawthorn is approximately 1.1 square kilometres. It has 6 parks covering nearly 9.4% of total area. The population of Hawthorn in 2011 was 2,210 people. By 2016 the population was 2,187 showing a population decline of 1.0% in the area during that time. The predominant age group in Hawthorn is 10-19 years. Households in Hawthorn are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Hawthorn work in a professional occupation. In 2011, 72.3% of the homes in Hawthorn were owner-occupied compared with 72.4% in 2016.

Hawthorn has 950 properties. Over the last 5 years, Houses in Hawthorn have seen a 80.88% increase in median value, while Units have seen a 69.07% increase. As at 30 November 2024:

  • The median value for Houses in Hawthorn is $1,739,925 while the median value for Units is $569,361.
  • Houses have a median rent of $780 while Units have a median rent of $400.
There are currently 1 property listed for sale, and 1 property listed for rent in Hawthorn on OnTheHouse. According to CoreLogic's data, 52 properties were sold in the past 12 months in Hawthorn.

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