SOLD
Sold on 19 Dec 2023 for $3,540,000

11 Hall Street
Hawthorn East VIC 3123

Bedrooms: -
Bathrooms: -
Car spaces: 13
Land area: 606m2
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Property Details for 11 Hall St, Hawthorn East

Building Type
Commercial
Land Size
606m2
Local Government
Boroondara
Lot/Plan
CP108995

Last Listing description (November 2023)

GormanKelly is pleased to offer 11 Hall Street, Hawthorn East for sale by Expressions of Interest closing Thursday 14th December at 2pm.

We believe the most outstanding aspects of this property include:

- Two level standalone office/warehouse premises of 852sqm* (Warehouse 85sqm* / Office 717sqm*)

- 8 car-spaces to the front of the property + option of another 3 internal car-spaces via the rear roller door
- High exposure site of 606sqm* with two (2) street frontages / Zoned Commercial 2
- Roller shutter door access from Cato Lane
- Highly sought after and desirable location with direct access to the Monash Freeway / CityLink
- Excellent future development potential (STCA) with 15.3m* frontage to Hall Street
- Leased to Gino Ventori returning $165,000 net per annum plus GST and outgoings (Expiry 1st April 2024)
- Easy access to public transport: 850m* from Tooronga Train Station & surrounding Bus services
- Moments to Tooronga Village (350m*), Homeco (550m*) and the Burke Rd, Camberwell retail precinct (1.1km*)

For more information, please feel free to contact Exclusive Selling Agents Will Kelly or Robert Kelly from GormanKelly.

Property History for 11 Hall St, Hawthorn East, VIC 3123

A timeline of how this property has performed in the market
Last Sold
$3,540,000
19 Dec 2023
  • 19 Dec 2023
    Sold for $3,540,000
  • 16 Nov 2023
    Listed for Sale Contact Agent
  • 20 Jul 1996
    Sold for $570,000
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About Hawthorn East 3123

The size of Hawthorn East is approximately 3.5 square kilometres. It has 9 parks covering nearly 7.3% of total area. The population of Hawthorn East in 2011 was 13,101 people. By 2016 the population was 14,306 showing a population growth of 9.2% in the area during that time. The predominant age group in Hawthorn East is 20-29 years. Households in Hawthorn East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hawthorn East work in a professional occupation. In 2011, 59% of the homes in Hawthorn East were owner-occupied compared with 53.1% in 2016.

Hawthorn East has 9,838 properties. Over the last 5 years, Houses in Hawthorn East have seen a 10.74% increase in median value, while Units have seen a 6.64% increase. As at 31 October 2024:

  • The median value for Houses in Hawthorn East is $2,364,753 while the median value for Units is $683,840.
  • Houses have a median rent of $810 while Units have a median rent of $525.
There are currently 52 properties listed for sale, and 17 properties listed for rent in Hawthorn east on OnTheHouse. According to CoreLogic's data, 468 properties were sold in the past 12 months in Hawthorn east.

Suburb Insights for Hawthorn East 3123

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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.