SOLD
Sold on 22 Nov 2023 for $4,480,000

690 Glenferrie Road
Hawthorn VIC 3122

Bedrooms: 4
Bathrooms: -
Car spaces: -
Land area: 163m2
Sold By
Ben Liu
Fitzroys Pty Ltd
Chris Kombi
Fitzroys Pty Ltd
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Property Details for 690 Glenferrie Rd, Hawthorn

Building Type
Commercial
Land Size
163m2
Local Government
Boroondara
Lot/Plan
1/TP176915

Last Listing description (November 2023)

Fitzroys is delighted to offer 690 Glenferrie Road, Hawthorn for sale by Public Auction on Thursday 23rd November at 2pm onsite.

Key features include:


- Situated in the absolute heart of one of Australia's best performing retail strip centres
- High foot traffic location and adjacent to busy pedestrian crossing
- 7 + 5 year lease to multi store popular eatery, Foodao
- Extended and fully renovated two storey retail building of 260sqm*
- Freehold land of 163sqm* with rear access via laneway
- Next door to McDonalds, Woolworths and opposite Lido Cinema complex
- Immediately surrounded by leading food retailers Sushi Hub, Roll'd, Subway, Guzman Y Gomez, Fonda, Huxtaburger, Yo-Chi, Hooked and Shnitz
- The area benefits from a strong student population with a number of private and public schools in close proximity along with Swinburne University
- Excellent public transport amenities with tram stop at door step and Glenferrie Railway Station located nearby
- Generational opportunity to secure a retail freehold in this section of Glenferrie Road

For further information or an inspection, please contact Fitzroys selling agents, Chris Kombi or Ben Liu.

Property History for 690 Glenferrie Rd, Hawthorn, VIC 3122

A timeline of how this property has performed in the market
Last Sold
$4,480,000
22 Nov 2023
Listed for Rent
$1.15k/w
30 Mar 2022
  • 22 Nov 2023
    Sold for $4,480,000
  • 20 Oct 2023
    Listed for Sale Contact Agent
  • 04 Feb 2021
    Listed for Rent - Price not available
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About Hawthorn 3122

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 16,419 properties. Over the last 5 years, Houses in Hawthorn have seen a 14.40% increase in median value, while Units have seen a 3.58% increase. As at 31 October 2024:

  • The median value for Houses in Hawthorn is $2,623,116 while the median value for Units is $592,356.
  • Houses have a median rent of $800 while Units have a median rent of $520.
There are currently 36 properties listed for sale, and 26 properties listed for rent in Hawthorn on OnTheHouse. According to CoreLogic's data, 786 properties were sold in the past 12 months in Hawthorn.

Suburb Insights for Hawthorn 3122

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.