INSPECTION
Wednesday 1.30pm- 2.00pm
Boasting a prominent position within the bustling Glenferrie Road precinct where students, shoppers and diners congregate, this busy retail shop and office provides instant security for the astute freehold investor. Offering two secure leases on the 223m2 (approx.) premises, the property returns a combined income of $75,000 + GST per annum, with revised increases and additional lease options.
The size of Hawthorn is approximately 5.9 square kilometres. It has 29 parks covering nearly 10.8% of total area. The population of Hawthorn in 2011 was 21,177 people. By 2016 the population was 23,512 showing a population growth of 11.0% in the area during that time. The predominant age group in Hawthorn is 20-29 years. Households in Hawthorn are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hawthorn work in a professional occupation. In 2011, 47.6% of the homes in Hawthorn were owner-occupied compared with 45.9% in 2016.
Hawthorn has 16,515 properties. Over the last 5 years, Houses in Hawthorn have seen a 27.98% increase in median value, while Units have seen a -0.49% decrease. As at 31 July 2024:
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