150 Burwood RoadHawthorn VIC 3122
Property Details for 150 Burwood Rd, Hawthorn
Last Listing description (January 2023)
Knight Frank is thrilled to offer for sale via on-site Auction, this exceptional investment opportunity in one of Melbourne's most desired suburbs, just 4.9km East of the Melbourne CBD.
150 Burwood Road has the following key investment features:
- New 3 year lease expiring August 2021
- Net income of $106,948.61 plus GST p.a.
- Fixed 4% annual increases
- Building area of approx 300 sqm, with a land area of 272 sqm*
- ROW access with three (3) rear car spaces
- Flexible commercial 1 zoning
- Long term tenant with six (6) year trading history
150 Burwood Road is superbly situated on the Southern side of Burwood Road and forms part of one of Melbourne's most highly regarded retail districts, and an area which is renowned for blue-chip commercial and residential real estate.
Located only 4.9km from Melbourne's CBD, accessibility to the property is astoundingly simple with a myriad of public transport options available including train and tram networks. Melbourne's best private schools and Tertiary Education is within close proximity and further bolsters the highly sought after location.
The property will be open for inspection Wednesday's between 11:30am - 12:00pm each week, alternatively an inspection can be arranged by appointment.
150 Burwood Road, Hawthorn is being sold via a public on-site Auction to be conducted on Friday the 30th November at 12noon.
Property History for 150 Burwood Rd, Hawthorn, VIC 3122
- 31 Oct 2024Sold
- 30 Nov 2018Sold for $2,350,000
- 01 Nov 2018Listed for Sale Auction 30/11/18
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